Idaho Admin. Code r. 16.03.04.311 - FACTORS MAKING PROPERTY A RESOURCE
Property of any kind, including cash, can be a resource. The property must meet all criteria listed below: (3-17-22)
01.
Ownership Interest. A client
must have ownership interest in property for it to be counted as a resource.
Property is not a resource if the client does not own all or part of the
property. (3-17-22)
02.
Legal
Right to Spend or Convert Property. A client must have a legal right to
spend or convert property to cash. Property is not a resource if the owner
lacks the legal right to spend or convert property into cash. Physical
possession of property is not needed if the owner has the legal ability to
spend or convert the property to cash. (3-17-22)
03.
Legal Ability to Use for Support
and Maintenance. Property is not a resource if it can not legally be
used for the owner's support and maintenance. (3-17-22)
Notes
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