Mississippi Administrative Code
Title 23 - Division of Medicaid
Part 103 - Resources
Chapter 1 - Introduction to Resources
Rule 23-103-1.23 - Resources With Zero Value
Universal Citation: MS Code of Rules 23-103-1.23
Current through September 24, 2024
A. Property does not cease to be a resource simply because it has no current market value. Even though there is no value to count, the property remains a resource for as long as it meets the definition of a resource. If the property develops market value at a later time, this will be an increase in the value of a resource rather than receipt of income.
Social Security Act §1902 (r)(2); 42 CFR §435.601(b) (Rev 1994).
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