Maine Revised Statutes Title 20-A Sec. 11472 – Maine Education Savings Program
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Terms Used In Maine Revised Statutes Title 20-A Sec. 11472
- Authority: means the Finance Authority of Maine, which serves as administrator of the Maine Education Savings Program. See Maine Revised Statutes Title 20-A Sec. 11471
- Higher education expenses: means the certified expenses for attendance at an institution of higher education as those expenses are defined by rule of the authority consistent with applicable provisions of the federal Internal Revenue Code of 1986 and its regulations addressing qualified tuition programs. See Maine Revised Statutes Title 20-A Sec. 11471
The Maine Education Savings Program, referred to in this chapter as the “program,” is established to encourage the investment of funds to be used for higher education expenses. The authority shall administer the program and act as administrator of the program fund. [PL 2021, c. 17, §2 (AMD).]
SECTION HISTORY
PL 1997, c. 732, §4 (NEW). PL 2017, c. 474, Pt. F, §4 (AMD). PL 2021, c. 17, §2 (AMD).