| 5 CA ADC § 31000
5 CCR s 31000
Cal. Admin. Code tit. 5, s 31000
CALIFORNIA CODE OF REGULATIONS
TITLE 5. EDUCATION
DIVISION 4.5. SCHOLARSHARE INVESTMENT BOARD
CHAPTER 2. GOVERNOR'S SCHOLARSHIP PROGRAMS
This database is current through 02/02/07, Register 2007,
No. 5
s 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.
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.
HISTORY
1. New chapter 2 (sections 31000-31007) and section filed
12-1-2000 as an
emergency; operative 12-1-2000 (Register 2000, No. 48). A
Certificate of
Compliance must be transmitted to OAL by 11-30-2001 pursuant
to
EducationCode section 69999 or emergency language will be
repealed by
operation of law
on the following day.
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 ofHistory3 (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).
5 CCR s 31000, 5 CA ADC s 31000
1CAC
5 CA ADC s 31000
END OF DOCUMENT
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