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Rule Title: IV-E FOSTER CARE ELIGIBILITY: RESOURCE LIMITATION
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Department: PUBLIC HEALTH AND HUMAN SERVICES, DEPARTMENT OF
Chapter: IV-E FOSTER CARE SERVICES
Subchapter: Resources
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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37.49.501    IV-E FOSTER CARE ELIGIBILITY: RESOURCE LIMITATION

(1) A child is not IV-E eligible if the equity value of combined countable resources of all members of the filing unit exceeds $10,000 in the month of eligibility.

(2) After the initial determination of eligibility, the child is not eligible for IV-E benefits as specified in ARM 37.49.102(4) (a) and (b) if the equity value of the child's countable resources exceeds $10,000.

(3) All real and personal property is counted in determining eligibility if any member of the filing unit has the legal right or actual ability to liquidate the property or the member's interest in the property for cash, unless it is a resource specifically excluded in ARM 37.49.502.

History: Sec. 53-2-201 and 53-6-113, MCA; IMP, Sec. 53-2-201 and 53-6-131, MCA; NEW, 1999 MAR p. 1514, Eff. 7/2/99; AMD, 2000 MAR p. 3545, Eff. 12/22/00.


 

 
MAR Notices Effective From Effective To History Notes
12/22/2000 Current History: Sec. 53-2-201 and 53-6-113, MCA; IMP, Sec. 53-2-201 and 53-6-131, MCA; NEW, 1999 MAR p. 1514, Eff. 7/2/99; AMD, 2000 MAR p. 3545, Eff. 12/22/00.
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