Section 13-63-21 - Council to adopt rules to prevent excess contributions

13-63-21. Council to adopt rules to prevent excess contributions.The council shall adopt policies, guidelines, procedures, or rules pursuant to chapter 1-26 to prevent contributions on behalf of a designated beneficiary in excess of the maximum amounts permitted under section 529 of the Internal Revenue Code and related regulations. Source: SL 2001, ch 97, §21; SL 2002, ch 94, §3.