West Virginia Code 18-30A-16 – Legislative rules required
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Prior to the commencement of the program, the board shall promulgate legislative, procedural, or emergency rules, or any combination thereof, in accordance with the provisions of § 29A-3-1 et seq. of this code, that include at a minimum, the following:
Terms Used In West Virginia Code 18-30A-16
- board: means the Board of Trustees of the West Virginia College and Jumpstart Savings Programs created in §. See West Virginia Code 18-30A-3
- Contract: A legal written agreement that becomes binding when signed.
- program: refers to the Jumpstart Savings Program established by this article. See West Virginia Code 18-30A-3
- State: when applied to a part of the United States and not restricted by the context, includes the District of Columbia and the several territories, and the words "United States" also include the said district and territories. See West Virginia Code 2-2-10
(1) Requirements for any contract to be entered between the board and an account holder upon opening a Jumpstart Savings Account to ensure compliance with the requirements of this article and applicable state and federal laws;
(2) Examples of qualified expenses, as described in § 18-30A-11 of this code; and
(3) Procedures for opening Jumpstart Savings Accounts, making contributions thereto, requesting distributions therefrom, and instructions for accessing any necessary forms.