Section 4666.302 - Able savings program fund(a) Fund established.--The ABLE Savings Program Fund is established in the State Treasury. The fund shall consist of all the following: (1) All contributions made to accounts of eligible individuals pursuant to ABLE account contracts and all interest, earnings and additions to the accounts.(2) Any fees or charges levied on accounts to cover administrative expenses of the program.(3) Other money appropriated or made available to the department for the program from any source and all interest, earnings and additions to the money.(b)Continuing appropriation.--All money in the fund, including fees and charges levied on an account to cover the expenses to administer the program, contributions and increase in value on the contributions, for distribution to or on behalf of eligible individuals, is hereby appropriated to the department on a continuing basis to carry out the provisions of this act.(c) Assets.--The assets of the fund shall be preserved, invested and expended solely for the purpose of carrying out this act.(d) Investment.--The money in the fund shall be invested in accordance with policies established by the department to provide for an appropriate balance of risk, liquidity and return commensurate with the management of a prudent investor. The department, the investment managers, program managers and trustees shall have the authority to invest and reinvest the money in the fund in all lawful investments. Added by P.L. TBD 2016 No. 17, § 302, eff. 4/18/2016.