Current through November, 2024
Section 17-534-6 - Asset transfer(a) All assets transferred or assigned to another person, within a three month period prior to submitting an application to participate, or for the purpose of continuing to qualify for participation in the program shall be included in determining an applicant's or tenant's assets.(b) The value of the asset shall be based on its fair market value.[Eff JUN 30 1994] (Auth: SLH 1992, Act 279, §3(12)) (Imp: SLH 1992, Act 279, §2)