Okla. Stat. tit. 56 § 252

Current through Laws 2024, c. 453.

Section 252 - Purpose

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.

Okla. Stat. tit. 56, § 252

Added by Laws 1998 , SB 1350, c. 429, § 2, eff. 11/1/1998.