Mississippi Administrative Code
Title 38 - Treasurer
Part 2 - Mississippi Prepaid Affordable College Tuition Program (Legacy Contracts)
Chapter 10 - Application
Rule 38-2-10.3 - Naming the Qualified Beneficiary
Universal Citation: MS Code of Rules 38-2-10.3
Current through September 24, 2024
Unless specifically exempted by the State Treasurer a Purchaser must name the Qualified Beneficiary in the MPACT Application at the time the Application is submitted. Only one (1) Qualified Beneficiary is allowed per MPACT Contract.
The Purchaser does not have to designate the Postsecondary Institution that the Beneficiary will attend until such time as the Qualified Beneficiary matriculates and in accordance with Rule 11.4. If more than one (1) Purchaser has submitted an Application for the same Beneficiary, the State Treasurer will determine which Application is accepted on behalf of the Qualified Beneficiary.
Miss. Code Ann. § 37-155-9 (Rev. 2003).
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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