Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 65. Alaska Savings Program for Eligible Individuals
Section 190. Distributions for Qualified Expenses.
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AS 06.65.190. Distributions for Qualified Expenses.

Except as allowed under AS 06.65.200, a designated beneficiary or the representative of the designated beneficiary may not make a withdrawal or other distribution from a program account unless the withdrawal or other distribution is used to pay for the qualified expenses of the designated beneficiary.

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