Cal. Code Regs. Tit. 5, § 31000 - Definitions Applicable to Governor's Scholarship Programs
(a) Definitions. The following definitions
shall apply within this Chapter:
(1)
Account means the formal record of transactions consistent
with Section 529 of the Internal Revenue Code.
(2)
Account owner means the
State of California acting pursuant to Education Code Section
69995,
et seq. as owner of qualified scholarship accounts for award
recipients.
(3)
Award
notification letter means the letter delivered to a pupil through his
or her school which provides:
(1) notice of
and instructions for claiming a Governor's Scholars Award;
(2) identification of an Internet site to use
to claim the award; and
(3) a unique
identifying number to the pupil.
(4)
Award recipient means a
pupil who has been identified as the recipient of a scholarship award defined
in Education Code Section
69997 or
69998 and
who has successfully claimed at least one scholarship award.
(5)
Claim means the
submission of information by a pupil or award recipient in accordance with
Section 31001 of this Chapter, to establish
his or her identity as the recipient of a scholarship award.
(6)
Pupil means a student
who has been identified as the recipient of a scholarship award defined in
Education Code Section
69997 who
has not yet successfully claimed at least one such award.
(7)
Qualified scholarship
account means an account opened by the account owner for the benefit
of award recipients in accordance with Sections 117 and 529 of the Internal
Revenue Code.
(8)
Qualified
scholarship account distribution means a withdrawal from the qualified
scholarship account in accordance with Sections 117 and 529 of the Internal
Revenue Code and is referred to herein as a distribution.
(9)
Scholarship award means
either a Governor's Scholars award defined in Education Code Section
69997 or a
Governor's Distinguished Mathematics and Science Scholars award defined in
Education Code Section
69998.
(10)
Scholarshare Investment Board's
designee means the entity designated by the Scholarshare Investment
Board to invest and manage funds on behalf of the account
owner.
(b) A
"written notification," "written request" or "written
confirmation" may include an electronic notification, electronic
request or electronic confirmation containing an electronic signature that is
acceptable under California or federal electronic signature laws.
Notes
2. Certificate of Compliance as to 12-1-2000 order transmitted to OAL 11-30-2001 and filed 12-21-2001 (Register 2001, No. 51).
3. New subsection (b) filed 12-27-2001 as an emergency; operative 1-1-2002 (Register 2001, No. 52). Pursuant to Education Code section 69999, a Certificate of Compliance must be transmitted to OAL by 1-1-2003 or emergency language will be repealed by operation of law on the following day.
4. Editorial correction of HISTORY 3 (Register 2002, No. 21).
5. Certificate of Compliance as to 12-27-2001 order, including amendment of section, transmitted to OAL 12-18-2002 and filed 1-29-2003 (Register 2003, No. 5).
Note: Authority cited: Sections 69981(d), 69996(d) and 69999, Education Code. Reference: Section 69995(c), Education Code; and Sections 529 and 117(b), Internal Revenue Code.
2. Certificate of Compliance as to 12-1-2000 order transmitted to OAL 11-30-2001 and filed 12-21-2001 (Register 2001, No. 51).
3. New subsection (b) filed 12-27-2001 as an emergency; operative 1-1-2002 (Register 2001, No. 52). Pursuant to Education Code section 69999, a Certificate of Compliance must be transmitted to OAL by 1-1-2003 or emergency language will be repealed by operation of law on the following day.
4. Editorial correction of History 3 (Register 2002, No. 21).
5. Certificate of Compliance as to 12-27-2001 order, including amendment of section, transmitted to OAL 12-18-2002 and filed 1-29-2003 (Register 2003, No. 5).
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