California Code of Regulations › Title 5 - Education › Division 4.5 - Scholarshare Investment Board › Chapter 1 - Golden State Scholarshare Trust Program › Section 30956 - Account Information

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Annual
				Report. The account owner shall be mailed an annual report each year following the
				calendar year in which the account was initially opened.
(b) Account Information for Distributee. A
				distributee shall be mailed a statement of earnings, on or before January 31st of
				the year following the calendar year in which the distribution was made.
(c) Demographic Information. The program
				administrator or its designee may request, gather, and maintain demographic
				information regarding account owners and designated beneficiaries in the
				Scholarshare program, such as gender, ethnicity, geographic location, language, and
				general income level, in order to improve the administration of, and services
				provided by, the Scholarshare trust program. Such information may be voluntarily
				provided by the account owner in a manner approved by the program administrator or
				its designee.
(d) Information Security.
				Any information compiled pursuant to this Section shall be maintained by the Board
				and protected consistent with the requirements of the Information Practices Act of
				1977. (Civil Code Section
				1798, et
				seq.)
1. New section
				  filed 6-3-99 as an emergency pursuant to Education Code
				  69993.5;
				  operative 6-28-99 (Register 99, No. 23). A Certificate of Compliance must be
				  transmitted to OAL by 2-23-2000 or emergency language will be repealed by operation
				  of law on the following day.
2. New section refiled 12-30-99 as an
				  emergency pursuant to Education Code section
				  69993.5, including amendment of
				  subsections (c) and (d); operative 12-26-99 (Register 99, No. 53). A Certificate of
				  Compliance must be transmitted to OAL by 4-24-2000 or emergency language will be
				  repealed by operation of law on the following day.
3. Certificate of
				  Compliance as to 12-30-99 order, including amendment of subsections (c)(1) and (e),
				  transmitted to OAL 4-21-2000 and filed 6-1-2000 (Register 2000, No.
				  22).
4. Amendment of subsections (c), (d) and (e) filed 12-26-2000 as an
				  emergency; operative 1-1-2001 (Register 2000, No. 52). A Certificate of Compliance
				  must be transmitted to OAL by 7-2-2001 pursuant to Education Code section
				  6993.5 or
				  emergency language will be repealed by operation of law on the following
				  day.
5. Certificate of Compliance as to 12-26-2000 order transmitted to
				  OAL 5-22-2001 and filed 7-5-2001 (Register 2001, No. 27).
6. Repealer of
				  subsections (c)-(c)(3), subsection relettering and amendment of newly designated
				  subsection (d) filed 12-18-2001 as an emergency; operative 1-1-2002 (Register 2001,
				  No. 51). Pursuant to Education Code section
				  69993.5, a
				  Certificate of Compliance must be transmitted to OAL by 7-1-2002 or emergency
				  language will be repealed by operation of law on the following day.
7.
				  Editorial correction of HISTORY 6 (Register 2002, No. 21).
8. Editorial
				  correction of HISTORY 6 (Register 2002, No. 31).
9. Reinstatement of
				  section as it existed prior to 12-18-2001 emergency amendment by operation of
				  Government Code section
				  11346.1(f)
				  (Register 2002, No. 31).
10. Repealer of subsections (c)-(c)(3),
				  subsection relettering and amendment of newly designated subsection (d) filed
				  7-31-2002 as an emergency; operative 7-31-2002 (Register 2002, No. 31). A
				  Certificate of Compliance must be transmitted to OAL by 12-2-2002 or emergency
				  language will be repealed by operation of law on the following day.
11.
				  Certificate of Compliance as to 7-31-2002 order transmitted to OAL 11-13-2002 and
				  filed 12-5-2002 (Register 2002, No. 49).
12. Amendment of subsections (a)
				  and (c) filed 7-20-2016; operative 10-1-2016 (Register 2016, No.
				  30).
Note: Authority cited: Sections
					 69981(d)
					 and
					 69982(h),
					 Education Code. Reference: Sections
					 69982(a)-(j),
					 69990(c)(1)
					 and
					 69994, Education
					 Code.