41.415 STABLE Kentucky accounts – Administration – Cooperative agreements. (1) As used in this section, "STABLE Kentucky account" has the same definition as set forth in KRS 164A.260. (2) The Department of the Treasury shall be responsible for administering and promoting STABLE Kentucky accounts. (3) In order to ensure that the program is administered in a cost-effective manner, the Department of the Treasury may enter into any cooperative agreements, contracts, or similar instruments with: (a) Other states which administer programs created under 26 U.S.C. sec. 529A; (b) Other agencies or departments of the Commonwealth; or (c) A nonprofit organization tasked with providing services to individuals who are eligible for a STABLE Kentucky account. Effective: June 27, 2019 History: Created 2019 Ky. Acts ch. 125, sec. 2, effective June 27, 2019.
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