Tenn. Comp. R. & Regs. 1700-08-01-.03 – Prohibitions | Midpage
1700-08-01-.03
Tenn. Comp. R. & Regs. 1700-08-01-.03
Prohibitions
Effective Jan 6, 2016Authority: T.C.A. §§ 71-4-805; 71-4-806; and Chapter 470 of the 2015 Public Acts.Tennessee Department of Treasury
(1) No interest in the Program or a portion of the Program shall be used as security for a loan.
(2) No interest in an ABLE Account may be sold or exchanged.
Authority: T.C.A. §§ 71-4-805; 71-4-806; and Chapter 470 of the 2015 Public Acts. Administrative History: Original rule filed October 8, 2015; effective January 6, 2016.