Section 3334.21 — Termination of variable college savings program.
73 words·~1 min read·
/oh/title-33-education-libraries/chapter-3334-college-savings-program-variable-college-savings-program/3334-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The variable college savings program may be terminated by statute or upon the determination of the Ohio tuition trust authority that the program is not financially feasible. Upon termination, all amounts held in program accounts shall be returned to account owners, to the extent possible, and any unclaimed assets in the program shall be transferred to the unclaimed funds trust fund and disposed of in accordance with section 169.05 of the Revised Code.