Virginia College Savings Plan And Able Savings Trust Accounts

This is Chapter 7 of the Code of Virginia, titled “Virginia College Savings Plan And Able Savings Trust Accounts.” It is part of Title 23.1, titled “Institutions Of Higher Education; Other Educational And Cultural Institutions.” It is part of Subtitle II, titled “Students And Campus.” It’s comprised of the following 14 sections.

§ 23.1-700
(Effective October 1, 2016) Definitions
§ 23.1-701
(Effective October 1, 2016) Plan established; moneys; governing board
§ 23.1-702
(Effective October 1, 2016) Advisory committees to the board; membership; terms; qualifications; duties
§ 23.1-703
(Effective October 1, 2016) Chief executive officer of the Plan
§ 23.1-704
(Effective October 1, 2016) Powers and duties of the board
§ 23.1-705
(Effective October 1, 2016) Board actions not a debt of Commonwealth
§ 23.1-706
(Effective October 1, 2016) Standard of care; investment and administration of the Plan
§ 23.1-707
(Effective October 1, 2016) Prepaid tuition contracts and college and ABLE savings trust agreements
§ 23.1-708
(Effective October 1, 2016) Assets of the Plan exempt from taxation
§ 23.1-709
(Effective October 1, 2016) Annual report
§ 23.1-710
(Effective October 1, 2016) Forms and audit of accounts and records
§ 23.1-711
(Effective October 1, 2016) Admission to institutions not guaranteed; coverage limitations
§ 23.1-712
(Effective October 1, 2016) Payroll deductions
§ 23.1-713
(Effective October 1, 2016) Liberal construction of chapter