Louisiana § RS 17:3088.1 - ABLE accounts of deceased designated beneficiary; termination; transfer of monies; prohibited actions
Full text of Louisiana Louisiana Civil Code § RS 17:3088.1 — ABLE accounts of deceased designated beneficiary; termination; transfer of monies; prohibited actions, with citation guidance and answers to common questions.
§ RS 17:3088.1. ABLE accounts of deceased designated beneficiary; termination; transfer of monies; prohibited actions
A. Notwithstanding any other provision of law to the contrary, when a designated beneficiary dies, the program account established on his behalf shall be terminated. Monies remaining in the account, after payment of all of the designated beneficiary's qualified disability expenses defined in this Chapter, may be transferred as specified by the account's owner to either another ABLE program account permitted by Section 529A of the Internal Revenue Code or to the estate of the designated beneficiary.
B. If the program account of a deceased designated beneficiary does not specify where monies remaining in the account are to be transferred, the remaining monies shall be deposited in the Disability Services Fund separate account established by R.S. 28:826(B)(2)(d) to be appropriated and used as provided in R.S. 28:826(C)(1)(c).
C. The state shall not file a claim for payment under Subsection (f) of Section 529A of the Internal Revenue Code or seek recovery of any amount remaining in the program account of a deceased designated beneficiary for payments made for qualified disability expenses.
Acts 2023, No. 96, §1, eff. June 6, 2023.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 17:3088.1
What does Louisiana Civil Code § RS 17:3088.1 cover?
Section RS 17:3088.1 ("ABLE accounts of deceased designated beneficiary; termination; transfer of monies; prohibited actions") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. 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 Louisiana § RS 17:3088.1?
A common citation format is "Louisiana Civil Code § RS 17:3088.1" (Louisiana). 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 Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 17:3088.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana 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 Louisiana.