Bill Status of HB4611 101st General Assembly
Short Description: ABLE ACCOUNT PROG-DISTRIBUTION
Rep. Bob Morgan, Gregory Harris and Mary Edly-Allen
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Treasurer Act. Provides that upon the death of a designated beneficiary, proceeds from an ABLE account may be transferred pursuant to a payable on death account agreement executed by the designated beneficiary or designated representative. Effective immediately.