Section 457-315-10 - Termination of AccountsA. Upon the death of an account holder the account must be transferred to the ownership of the designated beneficiary, if any. If there is no designated beneficiary, the account must be transferred to the estate of the deceased. No matching funds or interest earned on matching funds will be transferred to the beneficiary or the estate.B. If an individual becomes ineligible to be an account holder, the individual is no longer eligible to make contributions to the family development account or to receive matching funds. The individual may retain the account and make withdrawals for eligible purposes with the certification of the community development organization administering the account.94- 457 C.M.R. ch. 315, § 10