TITLE 74: PUBLIC FINANCE
CHAPTER XVI: TREASURER
PART 722 ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) ACCOUNT PROGRAM
SECTION 722.600 QUALIFIED WITHDRAWALS/DISTRIBUTIONS


 

Section 722.600  Qualified Withdrawals/Distributions

 

A qualified withdrawal/distribution is a withdrawal or a distribution from an ABLE account to pay the qualified disability expenses of the designated beneficiary of the account.

 

(Source:  Amended at 45 Ill. Reg. 4133, effective March 12, 2021)