1997 Minnesota Statutes

     136A.242 Definitions. 

    Subdivision 1.    General.  For purposes of sections 
 136A.241 to 136A.245, the following terms have the meanings 
 given. 

    Subd. 2.    Adjusted gross income.  "Adjusted gross 
 income" means adjusted gross income as defined in section 62 of 
 the Internal Revenue Code. 

    Subd. 3.    Beneficiary.  "Beneficiary" means the 
 designated beneficiary for the account, as defined in section 
 529(e)(1) of the Internal Revenue Code. 

    Subd. 4.    Board.  "Board" means the state board of 
 investment. 

    Subd. 5.    Director.  "Director" means the director of 
 the higher education services office. 

    Subd. 6.    Executive director.  "Executive director" 
 means the executive director of the state board of investment. 

    Subd. 7.    Internal revenue code.  "Internal Revenue 
 Code" means the Internal Revenue Code of 1986, as amended. 

    Subd. 8.    Office.  "Office" means the higher education 
 services office. 

    Subd. 9.    Program.  "Program" or "Edvest" refers to 
 the program established under sections 136A.241 to 136A.245. 

    HIST: 1997 c 183 art 2 s 13