Montana Code Annotated — Title 15 (Taxation)
Mont. Code Ann. § 15-62-102
Family Education Savings Program Established -- Legislative Intent -- Purpose
15-62-102 . Family education savings program established -- legislative intent -- purpose.
# (1)
There is a family education savings program administered by the board of regents of higher education. The program may consist of one or more qualified tuition programs at the discretion of the board.
# (2)
It is the intent of the legislature to establish the Family Education Savings Act in recognition that the general welfare and well-being of the state of Montana are directly related to the educational levels and skills of its citizens. A vital and valid public purpose of the state of Montana is served by the establishment and implementation of a program that will encourage and make possible the attainment of an accessible, affordable education by the greatest number of citizens through a savings program.
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In this chapter (15 sections)
- 15-62-101 · Short Title
- 15-62-102 · Family Education Savings Program Established -- Legislative…
- 15-62-103 · Definitions
- 15-62-201 · Program Requirements -- Establishment Of Account --…
- 15-62-202 · Changes In Designated Beneficiary
- 15-62-203 · Selection Of Financial Institution As Program Manager --…
- 15-62-204 · Repealed
- 15-62-205 · Scholarships And Financial Aid Provisions -- Exceptions
- 15-62-206 · Limitations
- 15-62-207 · Deductions For Contributions
- 15-62-208 · Tax On Certain Withdrawals Of Deductible Contributions
- 15-62-209 · Access To Records
- 15-62-210 · Exemption From Claims Of Creditors
- 15-62-301 · Family Education Savings Trust
- 15-62-302 · Repealed