California Welfare and Institutions Code

§ 18997.59

WIC § 18997.59 Effective Jan 1, 2025Div. 9 · Part 6 · Ch. 16.1

Statute text

(a)(1) Except as provided in paragraph (2), a program enrollee who is also an eligible youth may, on and after their 18th birthday, withdraw or transfer funds from their HOPE trust account.

(2)A program enrollee who is a nonminor dependent, as defined in subdivision (v) of Section 11400, may withdraw or transfer funds from their HOPE trust account on and after their 18th birthday, or upon exit from foster care if exiting prior to 21 years of age.

(b)The Treasurer shall assist a nonminor dependent, as defined in subdivision (v) of Section 11400, who is eligible for an ABLE account, as defined in Section 4875, and their parent, Indian custodian, or legal guardian, in transferring funds from their HOPE trust account to the ABLE account.

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Legislative history

Added by Stats. 2024, Ch. 1010, Sec. 13. (SB 242) Effective January 1, 2025.