Mich. Comp. Laws § 390.1483: Construction or interpretation of act and agreement.
Where this section sits in the code
- MI Code
- Chapter 390
- Act Act-161-of-2000
Sec. 13.
This act and any agreement under this act shall not be construed or interpreted to do any of the following:
Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner.
Guarantee that a designated beneficiary will be admitted to an eligible educational institution or, upon admission to an eligible educational institution, will be permitted to continue to attend or will receive a degree from the eligible educational institution.
Give residency status to an individual merely because the individual is a designated beneficiary.
Guarantee that amounts contributed to an account will be sufficient to cover the qualified higher education expenses of a designated beneficiary.
Collected 2026-09-14T18:32:31Z. Source file · JSON