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(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.
History: Eff. 5/12/82, Register 82; am 9/30/83, Register 87; am 4/6/91, Register 118
Authority: AS 47.05.010
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Last modified 7/05/2006