Mich. Admin. Code R. 400.7002

Current through Vol. 24-17, October 1, 2024

Section R. 400.7002 - Definitions; C, D

Rule 2. As used in these rules:

(a) "Cash assets" means any of the following:

(i) Currency and coins.

(ii) Amounts on deposit in banks, savings and loan associations, credit unions, and other financial institutions.

(iii) Uncashed checks, drafts, and warrants.

(iv) Traveler's checks.

(v) Stocks, bonds, and other investments, including negotiable instruments.

(vi) Individual retirement accounts.

(vii) Keogh plans.

(viii) Revocable prearranged funeral contracts.

(ix) Nonrecurring lump-sum payments that do not represent an accumulation of monthly benefits.

(b) "Client" means an applicant for, or recipient of, SER and includes all members of the SER group.

(c) "Department" means the state department of human services.

(d) "Dependent child" means a person who is under the age of 21 and who is living with any of the following:

(i) A parent.

(ii) An adult relative.

(iii) An unrelated adult who functions as a parent.

(e) "Director" means the director of the department.

(f) "Divestment" means the disposition of an asset without receiving its market value with the intent of becoming or remaining eligible for, or increasing the amount of, emergency relief or with the intent of avoiding making reimbursement of emergency relief received.

(g) "Dwelling unit" means a shelter, such as a house, apartment, or mobile home.

Mich. Admin. Code R. 400.7002

1993 AACS; 2015 MR 9, Eff. May 7, 2015