{"data":{"id":"us-wv/w.-va.-code-18-30a-10","jurisdiction":"us-wv","citation":"W. Va. Code § 18-30A-10","heading":"Opening a Jumpstart Savings Account; deposits.","body":"(a) Beginning on July 1, 2022, a person may open a Jumpstart Savings Account.\n(b) To open a Jumpstart Savings Account, the account owner must:\n(1) Provide all information required by the Treasurer;\n(2) Make a minimum opening deposit, if required by the board; and\n(3) Name a single person as the designated beneficiary: Provided, That the designated beneficiary may be the account owner himself or herself, or another person: Provided, however, That the beneficiary may not be a business, corporation, or enterprise.\n(c) The Treasurer will deposit $100 from the College and Jumpstart Savings Administrative Account into a newly opened Jumpstart Savings Account if the following criteria are met:\n(1) The designated beneficiary is a resident of West Virginia;\n(2) Any minimum deposit required by the board is made to the account within 30 days of the account’s opening; and\n(3) The account is opened when the designated beneficiary is under 18 years of age; or\n(4) The account is opened within the 180 days following the date of the designated beneficiary’s enrollment in an apprenticeship, training, or educational program described in §18-30A-3(a)(12) of this code.\n(d) Any person may make a contribution to a Jumpstart Savings Account after the account is opened, subject to applicable state and federal laws.\n(e) The Treasurer shall prescribe all forms required to open and make deposits to a Jumpstart Savings Account and make the forms available in a prominent location on the Treasurer’s website.\n(f) The board may establish minimum deposits or amounts for accounts to be considered active and may establish procedures to close inactive accounts.","path":["CHAPTER 18. EDUCATION.","ARTICLE 30A. WEST VIRGINIA JUMPSTART SAVINGS ACT."],"source_url":"https://code.wvlegislature.gov/18-30A-10/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:24:54Z","sha256":"0b5f1b637e25bd7d98d8824bac1143d7d4fe71bd2f7d4de2a39ed870848ca097","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-18-30a-9","next":"us-wv/w.-va.-code-18-30a-11"},"notice":"GroundRules: Original legal text. Not legal advice."}
