Or. Admin. Code § 461-145-0520
Current through Register Vol. 63, No. 11, November 1, 2024
Section 461-145-0520 - Stocks, Bonds and Other Securities(1) Except as provided in sections (2) and (3) of this rule, the equity value (see OAR 461-001-0000) of mutual funds, and securities, including stocks, bonds, educational savings bonds, and certificates of deposit (CDs), is counted as a resource. (2) In the OSIPM and QMB-DW programs, the value of a savings bond issued by the United States Department of the Treasury is excluded during the minimum retention period. (3) In all programs except the OSIPM and QMB-DW programs, the value of a savings bond issued by the United States Department of the Treasury is excluded during the minimum retention period if the owner has received a denial of a request for a hardship waiver based on financial need. (4) Interest and dividends on items covered by section (1) of this rule are treated as provided in OAR 461-145-0108.Or. Admin. Code § 461-145-0520
AFS 80-1989, f. 12-21-89, cert. ef. 2-1-90; SSP 4-2005, f. & cert. ef. 4-1-05; SSP 8-2008, f. & cert. ef. 4-1-08; SSP 8-2008, f. & cert. ef. 4-1-08: SSP 14-2017, f. 6-5-17, cert. ef. 7/1/2017Stat. Auth.: ORS 329A.500, 409.050, 411.060, 411.070, 411.404, 411.706, 411.816, 412.014, 412.049, 413.085, 414.685
Stats. Implemented: ORS 329A.500, 409.010, 411.060, 411.070, 411.404, 411.706, 411.816, 412.014, 412.049, 413.085, 414.685