Idaho § 33-5409 - College savings fund
Full text of Idaho Idaho Statutes § 33-5409 — College savings fund, with citation guidance and answers to common questions.
§ 33-5409. College savings fund
(1) There is hereby created in the state treasury the "College Savings Fund" to which shall be credited:
(a) Administrative fees and service charges in connection with any agreement, contract or transaction related to the college savings program;
(b) Fees and charges collected to cover costs associated with the powers and duties of the board as required in section 33-5402 , Idaho Code;
(c) Interest earned on the investment of idle moneys in the fund, which shall be paid to the fund; and
(d) All other moneys as may be provided by law.
(2) Moneys in the fund shall be continuously appropriated to the board, and any moneys remaining in the fund at the end of each fiscal year shall not be appropriated to any other fund.
(3) Moneys in the fund shall only be used to effect the purposes of this chapter, pursuant to the provisions as prescribed herein. The office of a board member is authorized to receive a portion of the moneys approved by the board to defray costs associated with the implementation, administration and oversight of the college savings program, including the administrative activities delegated pursuant to section 33-5403 , Idaho Code.
[33-5409, added 2007, ch. 225, sec. 1, p. 678; am. 2013, ch. 110, sec. 5, p. 265.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 33-5409
What does Idaho Statutes § 33-5409 cover?
Section 33-5409 ("College savings fund") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 33-5409?
A common citation format is "Idaho Statutes § 33-5409" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 33-5409 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.