Utah Code § 35A-9-605

Payment of match
Open in Lexace · Ask the AI about this section
(1) Subject to the other provisions of this section, the department shall transfer money appropriated
from the Education Savings Incentive Restricted Account to the plan in the amount of each
qualifying individual's match.
(2) The department shall send with the transfer described in Subsection (1), for each qualifying
individual that is receiving a match:
(a) the amount of the match for the qualifying individual;
(b) the qualifying individual's allocation of the match among eligible 529 savings accounts; and
(c) for each eligible 529 savings account into which the qualifying individual allocates the match:
(i) the name of the qualifying individual who is the account owner;
(ii) the name of the beneficiary; and
(iii) the account number.

‹ Prev All Utah sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.