N.J. Admin. Code § 5:46-1.1

Current through Register Vol. 56, No. 23, December 2, 2024

Section 5:46-1.1 - Title, scope; purpose

(a) This chapter shall be known as the "New Jersey Individual Development Account Program Rules."

(b) The scope of this chapter includes the following:

1. Policies concerning the establishment of individual development accounts;

2. Minimum standards for economic literacy education;

3. Selection criteria and requirements for participating community-based organizations; and

4. Eligibility criteria for individual participants.

(c) This chapter is intended to facilitate fair and efficient implementation of the New Jersey Individual Development Account Act, P.L. 2001, c. 93, so that all eligible individuals will have an opportunity to establish individual development accounts with State assistance, to the extent that funding will permit.

N.J. Admin. Code § 5:46-1.1