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Section 42-7.2-20.5 Rules and regulations. [Contingent effective date; see note.]

RI Gen L § 42-7.2-20.5 (2019) (N/A)
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§ 42-7.2-20.5. Rules and regulations. [Contingent effective date; see note.] The executive office shall, in conjunction with the SIC, have the power and authority to promulgate rules and regulations; enter into contracts and agreements; charge fees and expenses to the funds held under the program or to persons establishing or owning ABLE accounts; make reports; retain designated administrators, employees, experts and consultants; and do all other things necessary or convenient to implement this section in accordance with § 529A of the Internal Revenue Code of 1986, as amended (26 U.S.C. § 529A).

History of Section. (P.L. 2015, ch. 158, § 1; P.L. 2015, ch. 187, § 1.)

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