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HF 2573

as introduced - 87th Legislature (2011 - 2012) Posted on 02/29/2012 01:34pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11

A bill for an act
 relating to higher education; modifying definition of contingent account owner
for purposes of the college savings plan; amending Minnesota Statutes 2010,
section 136G.03, subdivision 7.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2010, section 136G.03, subdivision 7, is amended to
read:


Subd. 7.

Contingent account owner.

"Contingent account owner" means the
deleted text begin individualdeleted text end new text begin personnew text end designated as the account owner, either in the participation agreement or
pursuant to a separate Minnesota college savings plan form, in the event of the death of
the account owner.