South Carolina § 11-5-400 - Palmetto ABLE Savings Program created.
Full text of South Carolina South Carolina Code of Laws § 11-5-400 — Palmetto ABLE Savings Program created., with citation guidance and answers to common questions.
§ 11-5-400. Palmetto ABLE Savings Program created.
There is established the "Palmetto ABLE Savings Program". The purpose of the Palmetto ABLE Savings Program is to authorize the establishment of savings accounts empowering individuals with a disability and their families to save private funds which can be used to provide for disability related expenses in a way that supplements, but does not supplant, benefits provided through private insurance, the Medicaid program under Title XIX of the Social Security Act, the supplemental security income program under Title XVI of the Social Security Act, the beneficiary's employment, and other sources; and to provide guidelines for the maintenance of these accounts.
HISTORY: 2016 Act No. 165 (H.3768), SECTION 1, eff April 29, 2016; 2019 Act No. 88 (H.3986), SECTION 1, eff May 24, 2019.
Editor's Note
2016 Act No. 165, SECTION 4, provides as follows:
"SECTION 4. This act takes effect upon approval by the Governor and applies for tax years beginning after 2015."
Effect of Amendment
2019 Act No. 88, SECTION 1, in the first and second sentences, substituted "Palmetto ABLE Savings Program" for "South Carolina ABLE Savings Program", and made a nonsubstantive change in the second sentence.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 11-5-400
What does South Carolina Code of Laws § 11-5-400 cover?
Section 11-5-400 ("Palmetto ABLE Savings Program created.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 11-5-400?
A common citation format is "South Carolina Code of Laws § 11-5-400" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 11-5-400 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.