1. (a)

   1. (1) Except for property specifically disregarded in 20 CAR § 502-420 and excess motor vehicles, the equity value of any other real or personal property available to the family will be considered in full.
   2. (2) If the family has more than one (1) motor vehicle, then the market value of any additional vehicles will be considered in full.

2. (b)

   1. (1) When a transitional employment assistance (TEA) client has joint ownership of a resource, the client’s ownership interest and the availability of the resource to the family must be determined.
   2. (2) If the resource is available to the family unit, the net equity must then be determined.
   3. (3) Note. If the jointly held resource is a motor vehicle that is not disregarded, then the market value will be determined rather than the net equity.
3. (c) 20 CAR §§ 502-429 – 502-436 provide more detailed discussions of real and personal property.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: “07/01/97”