New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 10 - STUDENT LOAN AND COLLEGE SAVINGS PROGRAMS
Subchapter 7 - POLICY GOVERNING NEW JERSEY BETTER EDUCATIONAL SAVINGS TRUST (NJBEST) PROGRAM
Section 9A:10-7.7 - Procedures for changes in designated beneficiary in the New Jersey Better Educational Savings Trust (NJBEST) Program
Universal Citation: NJ Admin Code 9A:10-7.7
Current through Register Vol. 56, No. 18, September 16, 2024
A contributor may change the designated beneficiary of an account as permitted in section 529 of the Federal Internal Revenue Code of 1986, 26 U.S.C. § 529, by providing prior notice to the Authority of the request to change and evidence acceptable to the Authority that the new designated beneficiary is a member of the family of the current designated beneficiary.
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