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  6. Chapter 206 - Income Tax Ac...
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  8. Act 513 of 2006 Individual or Family Developmen...


Act 513 of 2006 Individual or Family Development Account Program Act (206.901 - 206.911)


  • Section 206.901 Short Title.
  • Section 206.902 Definitions.
  • Section 206.903 Individual or Family Development Account; Establishment; Purpose; Policies and Procedures; Approving and Reviewing Qualifications of Fiduciary Organizations and Program Sites; Factors; Implementation of Programs.
  • Section 206.904 Eligibility; Approval or Rejection of Applicant by Program Site; Limitation on Number of Accounts; Duties of Individual; Establishment of Account; Purposes; Signatures for Withdrawals.
  • Section 206.905 Participant Savings Plan Agreement; Matching Funds; Distributions; Manner.
  • Section 206.906 Withdrawal Matched by Program Site; Contingent Beneficiary; Financial Institution Not Responsible for Verification.
  • Section 206.907, 206.908 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
  • Section 206.909 Administration of Individual or Family Development Account Program by Fiduciary Organization; Report.
  • Section 206.910 Rules.
  • Section 206.911 Effective Date.
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