Code of Massachusetts Regulations
930 CMR - STATE ETHICS COMMISSION
Title 930 CMR 6.00 - Exemptions Unrelated To Gifts
Section 6.21 - Exemption of State-sponsored College Savings and Investment Funds
Universal Citation: 930 MA Code of Regs 930.6
Current through Register 1531, September 27, 2024
(1) Purpose. The purpose of 930 CMR 6.21 is to allow state employees to participate in state-sponsored college savings and investment fund plans or programs.
(2) Exemption. A state employee may enter into, and receive the benefits of, any state-sponsored college savings and investment fund plan or program, provided that participation in such a program is readily available to the public at large, without violating M.G.L. c. 268A, § 7. Persons acting within this exemption remain subject to the other prohibitions of M.G.L. c. 268A, including § 6.
Example: A state employee may enroll in Massachusetts Educational Financing Authority savings and investment plans.
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