Sec. 1. (a) The board shall establish a trust program known as the college choice plan.

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Terms Used In Indiana Code 21-9-8-1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
     (b) The board shall administer any trust fund established under this article, including the college choice plan, in a manner designed to be actuarially sound, so that the assets of the trust fund are sufficient to defray the obligations of the trust fund, including the program account.

As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.27.