(a) A request to change the beneficiary of an ABLE account to another eligible member of the family must be submitted in a format approved by the Board.
(b) The Board may charge a fee to process a change of beneficiary for an account.
(c) A change of beneficiary that satisfies Internal Revenue Code, §529A will not be treated as a distribution.

Source Note: The provisions of this §7.190 adopted to be effective September 12, 2016, 41 TexReg 7111