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§ 18-30a-16 — West Virginia Law | CourtGPT
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  5. Article 30a - West Virginia Jumpstart Savings Act§18-30a-1. Short Title/
  6. § 18-30a-16
West Virginia Legal Code

§ 18-30a-16

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Prior to the commencement of the program, the board shall promulgate legislative, procedural, or emergency rules, or any combination thereof, in accordance with the provisions of 29A-3-1 et seq. of this code, that include at a minimum, the following:(1) Requirements for any contract to be entered between the board and an account holder upon opening a Jumpstart Savings Account to ensure compliance with the requirements of this article and applicable state and federal laws; (2) Examples of qualified expenses, as described in 18-30A-11 of this code; and(3) Procedures for opening Jumpstart Savings Accounts, making contributions thereto, requesting distributions therefrom, and instructions for accessing any necessary forms.