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529 College Savings Programs


Illinois Attorney General on Oppenheimer Core Plus Underperformance

Last Updated September 13, 2009

Illinois Attorney General Alexi Giannoulis sent this letter regarding the Oppenheimer OFII Core Plus Fixed Income Strategy fund on January 29, 2009:

Dear Bright StartTM Account Holder:

Given the volatility the financial markets experienced during the past year, most of us watched our account balances decline despite the care with which we chose the Bright Start Program's investments.

Unfortunately, the OFII Core Plus Fixed Income Strategy ("Core Plus"), one of the Bright Start Program's underlying investments, has underperformed its benchmarks in 2008, causing some account holders to experience significant performance setbacks during the year.

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529 College Savings Programs - Selected State Laws

ArizonaArizona Laws > Title 15 > Chapter 14 > Article 7 - College Savings Plan
FloridaFlorida Statutes > Chapter 1009 > Part IV - Prepaid College Board Programs
Florida Regulations > Division 19B - Florida Prepaid College Board
HawaiiHawaii Revised Statutes > Chapter 256 - College Savings Program
IdahoIdaho Code Title 33 > Chapter 54 - College Savings Program
IndianaIndiana Code > Title 21 > Article 9 - Education Savings Programs
KansasKansas Statutes > Chapter 76 > Article 34 - Postsecondary Education Savings Program
MaineMaine Revised Statutes > Title 20-A > Chapter 417-E - Maine College Savings Program
MichiganMichigan Laws > Chapter 390 > Act 161 of 2000 - Michigan Education Savings Program Act
MinnesotaMinnesota Statutes Chapter 136G - College Savings Plan
MontanaMontana Code Title 15 > Chapter 62 - Family Education Savings Act
NevadaNevada Revised Statutes > Chapter 353B - College Savings Plans of Nevada
New HampshireNew Hampshire Revised Statutes > Chapter 195-H - College Tuition Savings Plan
New YorkNew York Education Law > Title 1 > Article 14-A - New York State College Choice Tuition Savings Program
New YorkNew York Laws > Education > Title 1 > Article 14-A - New York State College Choice Tuition Savings Program
OhioOhio Code > Title 33 > Chapter 3334 - College Savings Program; Variable College Savings Program
South DakotaSouth Dakota Laws > Title 13 > Chapter 63 - Higher Education Savings Plan
UtahUtah Code > Title 53B > Chapter 8 - Utah Educational Savings Plan
VirginiaVirginia Code Title 23 > Chapter 4.8 - Virginia College Savings Program
Virginia Code Title 23 > Chapter 4.9 - Virginia College Savings Plan
West VirginiaWest Virginia Code > Chapter 18 > Article 30 - West Virginia College Prepaid Tuition And Savings Program Act

 
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