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§ 31016. Claims and Withdrawal Process.

5 CA ADC § 31016Barclays Official California Code of RegulationsEffective: August 15, 2022

Barclays California Code of Regulations
Title 5. Education
Division 4.5. Scholarshare Investment Board
Chapter 3. California Kids Investment and Development Savings Program
Effective: August 15, 2022
5 CCR § 31016
§ 31016. Claims and Withdrawal Process.
Currentness
(a) A Beneficiary is eligible to file a withdrawal claim on or after they reach the age of 17.
(b) Each Beneficiary with a CalKIDS account must file a withdrawal claim by the Beneficiary's 26th birthday.
(c) Beneficiaries may file a claim through the Program's online portal at www.calkids.org, and providing all required information as follows:
(1) Account name
(2) Amount to disburse
(3) Institution of higher education
(4) Student identification number
(d) Beneficiaries making a withdrawal claim shall self-certify on the online portal that they have resided in the state of California for at least one year immediately preceding the payment of qualified higher education expenses on the Beneficiary's behalf

Credits

Note: Authority cited: Sections 69996.4 and 69996.8, Education Code. Reference: Sections 69996.3 and 69996.7, Education Code.
History
1. New section filed 8-15-2022; operative 8-15-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 33).
This database is current through 4/12/24 Register 2024, No. 15.
Cal. Admin. Code tit. 5, § 31016, 5 CA ADC § 31016
End of Document