Mississippi Administrative Code
Title 38 - Treasurer
Part 3 - Mississippi Prepaid Affordable College Tuition Program (Horizon Contracts)
Chapter 6 - Contract Purchaser
Rule 38-3-6.2 - Nonacceptance of the Purchaser's Application
Current through September 24, 2024
A prospective Contract Purchaser may be denied the right to enter into an MPACT Contract:
A. If the Purchaser does not meet the qualifications set forth in Chapter;
B. If the MPACT Contract violates local, state, or federal laws;
C. If the proposed Beneficiary is not a Qualified Beneficiary in accordance with Chapter 7;
D. If the Board determines that it is advisable to limit the number of MPACT Contracts;
E. If the Contract Purchaser fails to submit the MPACT Application during an official MPACT Enrollment Period;
F. If the Contract Purchaser fails to submit the Application Processing Fee;
G. If the Contract Purchaser submits an Application with incomplete information; or
H. Such other reasons as may be determined by the State Treasurer or the Board.
Miss. Code Ann. § 37-155-9 (Rev. 2003).