Adoption Savings Accounts | Midpage

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Kansas Statutes

Article 25

Adoption Savings Accounts

38-2501Citation of act 38-2502Definitions 38-2503Designation of adoption savings account; designated beneficiary; contribution limits; responsibilities of account holder; survivorship interest not created for designated beneficiary; payment of such account upon death of account holder 38-2504Use of account moneys; withdrawals; subject to recapture, when; penalty 38-2505Annual reporting; forms; rules and regulations 38-2506Actions that are not a requirement of nor the responsibility or liability of financial institutions; determining a payable on death beneficiary 38-2507Nonexclusive authority to market the adoption savings account program by the state treasurer