§56-252. Purpose.
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/ok/title-56-poor-persons/56-252A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purpose of the Family Savings Initiative Act is to provide for the establishment of individual development accounts designed to:
1. Provide individuals and families with limited means an opportunity to accumulate assets;
2. Facilitate and mobilize savings;
3. Promote home ownership, microenterprise development, education, saving for retirement, and automobile purchase; and
4. Stabilize families and build communities. Added by Laws 1998, c. 429, § 2, eff. Nov. 1, 1998.