Hawaii Revised Statutes 256. College Savings Program

  • 256-1 Definitions.
    As used in this chapter, unless the context otherwise requires: "Account" or "college account" means an individual savings account established in accordance with this...
  • 256-2 College Savings Program Established.
    There is established the college savings program. The purpose of this program is to enable families to save for college tuition and other expenses...
  • 256-3 Functions and Powers of the Director of Finance.
    (a) The director of finance shall implement the program under the terms and conditions established by this chapter. The director of finance may make...
  • 256-4 Program Requirements; College Account.
    (a) A college account may be opened by any person who desires to save money for the payment of the qualified higher education expenses...
  • 256-5 Program Limitations; College Account.
    (a) Nothing in this chapter shall be construed to: (1) Give any designated beneficiary any rights or legal interest with respect to an account;...
  • 256-6 College Savings Program Trust Fund.
    (a) There is established the college savings program trust fund. The director of finance shall have custody of the fund. All payments from the...
  • 256-7 Tax Reporting.
    The director of finance or the program manager of the college savings program, or a designee, shall file a report annually, with the director...

Last modified: October 27, 2016