106 Mass. Reg. 704.100

Current through Register 1523, June 7, 2024
Section 704.100 - Assets

Assets are objects of value, other than income as defined in 106 CMR 704.200, such as personal property, real estate, vehicles, the cash surrender value of life insurance, cash, bank deposits, and negotiable securities. Countable assets are all assets that are used for eligibility determination. Noncountable assets are all assets that are exempt from use for eligibility determination. All assets are considered countable unless inaccessible as provided in 106 CMR 704.125 or noncountable as provided in 106 CMR 704.140.

106 CMR 704.100

Adopted by Mass Register Issue 1360, eff. 3/9/2018.
Amended by Mass Register Issue 1384, eff. 2/8/2019.