1. (a) To be eligible for assistance, an applicant, together with his or her spouse under 7 AAC 40.240, must have non-excludable resources which do not exceed

   1. (1) $2,000 for an individual; or
   2. (2) $3,000 for an individual living with a spouse, whether or not the spouse is otherwise eligible for assistance.
2. (b) If an applicant has non-excludable resources that do not exceed the applicable resource limit at any time on the first day of a calendar month, the applicant is considered to meet the resource requirement for that month.

(Eff. 5/12/82, Register 82; am 9/30/83, Register 87; am 4/6/91, Register 118)

Authority: AS 47.05.010, AS 47.25.435, AS 47.25.430, AS 47.25.460