Mississippi Administrative Code
Title 38 - Treasurer
Part 2 - Mississippi Prepaid Affordable College Tuition Program (Legacy Contracts)
Chapter 11 - The MPACT Contract
Rule 38-2-11.8 - Default

Universal Citation: MS Code of Rules 38-2-11.8
Current through September 24, 2024

Failure to make any payment within thirty (30) days of the due date shall constitute default by the Purchaser and a suspension of the Qualified Beneficiary's rights under the MPACT Contract. A Purchaser may reinstate his or her good standing provided that all delinquent amounts, including an Actuarial Assessment, and all Administrative Fees, including late payment fees, have been paid.

Miss. Code Ann. § 37-155-9 (Rev. 2003).

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