Rule 37.82.422 - CONDITIONAL MEDICAL ASSISTANCE, DEFINITIONS(1) Definitions for the purposes of conditional medical assistance include: (a) "Nonliquid resource" is personal property which is not cash and which cannot be converted to cash within 20 workdays.(b) "Liquid resource" is property which is cash or can be converted to cash within 20 workdays.(c) "Net proceeds" is the current market value of the resource less sale costs and encumbrances.Mont. Admin. r. 37.82.422
NEW, 1991 MAR p. 1045, Eff. 6/28/91; TRANS, from SRS, 2000 MAR p. 476.53-6-113, MCA; IMP, 53-6-101, 53-6-131, MCA;