1.1 	A bill for an act
1.2 	relating to higher education; modifying definition of contingent account owner 
1.3 	for purposes of the college savings plan;amending Minnesota Statutes 2010, 
1.4 	section 136G.03, subdivision 7.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2010, section 136G.03, subdivision 7, is amended to 
1.7 	read:
1.8 		Subd. 7.Contingent account owner. "Contingent account owner" means the 
1.9 	individual person designated as the account owner, either in the participation agreement or 
1.10 	pursuant to a separate Minnesota college savings plan form, in the event of the death of 
1.11 	the account owner.