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PDFWAC 365-220-170

How many individual trust accounts for each beneficiary are eligible to receive state matching money?

Each beneficiary may have only one individual trust account that is qualified to receive state matching money at any given time. Additional individual trust accounts may be established, but will not be eligible to receive state matching money unless the first account is closed. If the individual trust account qualified to receive state matching money is closed, another individual trust account may be qualified to receive state matching money, as allowed in WAC 365-220-175.
[Statutory Authority: RCW 43.330.240. WSR 02-07-026, ยง 365-220-170, filed 3/12/02, effective 4/12/02.]
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