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The Oregon Administrative Rules contain OARs filed through August 15, 2016
 
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OREGON 529 SAVINGS BOARD

 

DIVISION 10

DISTRIBUTIONS

173-010-0000

Distribution Request

(1) For a College Savings Plan, only the account owner may request a distribution of funds (whether for a qualified withdrawal, a nonqualified withdrawal, or otherwise) from an account by submitting to the appropriate plan a completed distribution request form (or following such other procedures as are permitted under the appropriate plan) and such other information as from time to time is required by such plan.

(2) For the ABLE Plan, an agent under power of attorney, a parent or legal guardian may request a distribution of funds (whether for a qualified withdrawal, a nonqualified withdrawal, or otherwise) from an account by submitting to the appropriate plan a completed distribution request form (or following such other procedures as are permitted under the appropriate plan) and such other information as from time to time is required by such plan.

(3) A distribution from a network plan shall be subject to any applicable state and federal taxes.

Stat. Auth.: ORS 348.853(2)
Stats. Implemented: ORS 348.870(1) & 348.853(2)
Hist.: QTSB 1-2001, f. & cert. ef. 1-2-01; QTSB 1-2002(Temp), f. & cert. ef. 6-14-02 thru 12-6-02; QTSB 2-2002(Temp), f. & cert. ef. 8-15-02 thru 12-6-02; QTSB 3-2002, f. & cert. ef. 10-29-02; QTSB 1-2010(Temp), f. & cert. ef. 3-25-10 thru 9-15-10; QTSB 2-2010, f. 9-10-10, cert. ef. 9-14-10; OSB 1-2016, f. & cert. ef. 7-28-16

173-010-0025

Rollover Distribution and Fund Transfers

Rollovers and transfers within the network will be permitted only to the extent permitted by the Code.

Stat. Auth.: ORS 348.853(2)
Stats. Implemented: ORS 348.867(2) & 348.853(2)
Hist.: QTSB 1-2001, f. & cert. ef. 1-2-01; QTSB 1-2002(Temp), f. & cert. ef. 6-14-02 thru 12-6-02; QTSB 2-2002(Temp), f. & cert. ef. 8-15-02 thru 12-6-02; QTSB 3-2002, f. & cert. ef. 10-29-02; QTSB 1-2010(Temp), f. & cert. ef. 3-25-10 thru 9-15-10; QTSB 2-2010, f. 9-10-10, cert. ef. 9-14-10; OSB 1-2016, f. & cert. ef. 7-28-16

The official copy of an Oregon Administrative Rule is contained in the Administrative Order filed at the Archives Division, 800 Summer St. NE, Salem, Oregon 97310. Any discrepancies with the published version are satisfied in favor of the Administrative Order. The Oregon Administrative Rules and the Oregon Bulletin are copyrighted by the Oregon Secretary of State. Terms and Conditions of Use