7 AAC 40.270 - Resource limits

(a) To be eligible for assistance, an applicant, together with his or her spouse under 7 AAC 40.240, must have non-excludable resources which do not exceed

(1) $2,000 for an individual; or

(2) $3,000 for an individual living with a spouse, whether or not the spouse is otherwise eligible for assistance.

(b) If an applicant has non-excludable resources that do not exceed the applicable resource limit at any time on the first day of a calendar month, the applicant is considered to meet the resource requirement for that month.

Notes

7 AAC 40.270

Eff. 5/12/82, Register 82; am 9/30/83, Register 87; am 4/6/91, Register 118

Authority:AS 47.05.010

AS 47.25.430

AS 47.25.435

AS 47.25.460