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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 11. (a) The treasurer of state shall freeze the CSA account established under section 1 of this chapter of any parent of a career scholarship student or emancipated career scholarship student who:
(1) fails to comply with the terms of the agreement established under section 1 of this chapter;
(2) fails to comply with applicable laws or regulations; or
(3) substantially misuses funds in the CSA account.
(b) The treasurer of state shall send written notice to the parent of the career scholarship student or the emancipated career scholarship student stating the reason for the freeze under subsection (a). The treasurer of state may also send notice to the attorney general or the prosecuting attorney in the county in which the parent of the career scholarship student or the emancipated career scholarship student resides if the treasurer of state believes a crime has been committed or a civil action relating to the CSA account is necessary.
(c) A parent of a career scholarship student or an emancipated career scholarship student whose CSA account has been frozen under subsection (a) may petition the treasurer of state for redetermination of the decision under subsection (a) within thirty (30) days after the date the treasurer of state sends notice to the parent of the career scholarship student or the emancipated career scholarship student under subsection (b). The petition must contain a written explanation stating why the treasurer of state was incorrect in freezing the CSA account under subsection (a).
(d) If the treasurer of state does not receive a timely submitted petition from a parent of a career scholarship student or an emancipated career scholarship student under subsection (c), the treasurer of state shall terminate the CSA account.
(e) The treasurer of state shall review a petition received under subsection (c) within fifteen (15) business days of receipt of the petition and issue a redetermination letter to the parent of the career scholarship student or the emancipated career scholarship student.
(f) If the treasurer of state overturns the treasurer of state's initial decision under subsection (a), the treasurer of state shall immediately unfreeze the CSA account. If the treasurer of state affirms the decision under subsection (a), the treasurer of state shall give notice of the affirmation to the parent of the career scholarship student or the emancipated eligible student and terminate the CSA account.
Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-51.4-4.5-11 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-51-4-4-5-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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