Statutes, codes, and regulations
Mississippi Administrative Code
Title 38 - TreasurerPart 2 - Mississippi Prepaid Affordable College Tuition Program (Legacy Contracts)
Chapter 20 - MPACT Rules, Regulations and Procedures for Corporations, Trusts, Charitable Organizations, and Other Qualified Entities
Rule 38-2-20.6 - Beneficiary Substitutions

38 Miss. Code. R. 2-20.6

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Current through October 31, 2024
Rule 38-2-20.6 - Beneficiary Substitutions

Should the named Beneficiary elect not to use the MPACT Contract benefits, and the Contract is transferred to an Eligible Substitute Beneficiary, the provisions of Rule 9.3 will apply. The Purchaser may be required to submit documentation evidencing the relationship of the eligible Substitute Beneficiary to the first Beneficiary.

38 Miss. Code. R. 2-20.6

Miss. Code Ann. § 37-155-9 (Rev. 2003).