Connecticut Administrative Code
Title 3 - State Elective Officers
22h - Connecticut Higher Education Trust
Section 3-22h-6 - Payment of benefits; withdrawals

Universal Citation: CT Reg of State Agencies 3-22h-6

Current through September 9, 2024

(a) Distributions. An Account Owner may request a Distribution from his or her Account by submitting a completed request for Distribution to the Trust in such form as the Trust may specify from time to time, with such certifications and supported by such documentation as is requested by the Trustee.

(b) Distribution Limitations. No Distribution may be made during the thirty-day period subsequent to the Trust's receipt of such completed change of Account Owner form or request to change the mailing address of the Account Owner, unless the current Account Owner's signature is signature guaranteed on the request. No Contribution may be distributed during the ten (10) days after the Trust's receipt of such Contribution.

(c) Security. No Account Owner, Designated Beneficiary, or any other Person shall use any Account or other interest in the Trust, or any portion thereof, as security for a loan.

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