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<regulation prefix="Regulation" num=".02" citation="COMAR 25.04.01.02" title_num="25" subtitle_num="04" chapter_num="01" heading="Definitions.">
  <paragraph num="A.">
    <text>In this chapter, the following terms have the meanings indicated.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Terms Defined.</text>
    <paragraph num="(1)">
      <text>“Account holder” means an account holder as defined in Education Article, §18-1901(c), Annotated Code of Maryland ,who, on or after November 1, 2021, had an open and existing prepaid contract, as determined by the Treasurer in the Treasurer’s sole discretion.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>“Claim” means a written demand for monetary damages arising from the administration of the Trust that is submitted to the Treasurer, and that meets the requirements of Regulations .03—.05 of this chapter.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>“Claim Administrator” means the person or people delegated by the Treasurer with the administrative duty of processing claims.</text>
    </paragraph>
    <paragraph num="(4)">
      <text>“Claim Portal” means the online system used for submission and administration of claims.</text>
    </paragraph>
    <paragraph num="(5)">
      <text>“Claimant” means an account holder or qualified beneficiary who submits a claim in accordance with the claim process established in these regulations.</text>
    </paragraph>
    <paragraph num="(6)">
      <text>“Eligible institution of higher education” means an eligible institution of higher education as defined in Education Article, §18-1901(f), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(7)">
      <text>“Maryland 529” means the Maryland 529 Program created by Education Article, Title 18, Subtitle 19, Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(8)">
      <text>“Prepaid contract” means a prepaid contract as defined in Education Article, §18-1901(j), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(9)">
      <text>“Qualified beneficiary” means a qualified beneficiary as defined in Education Article, §18-1901(l), Annotated Code of Maryland, who, on or after November 1, 2021, was a qualified beneficiary of an open and existing prepaid contract, as determined by the Treasurer in the Treasurer’s sole discretion.</text>
    </paragraph>
    <paragraph num="(10)">
      <text>“Qualified higher education expenses” means those qualified higher education expenses as defined in Education Article, §18-1901(m), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(11)">
      <text>“Qualified state tuition program” means a qualified state tuition program as defined in Education Article, §18-1901(n), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(12)">
      <text>“State personnel” means a State employee or official who is paid in whole or in part by the Central Payroll Bureau in the Office of the Comptroller.</text>
    </paragraph>
    <paragraph num="(13)">
      <text>“Submit” or its variations means actual receipt by the Treasurer.</text>
    </paragraph>
    <paragraph num="(14)">
      <text>“Treasurer” means the State Treasurer of Maryland or the Treasurer’s Designee.</text>
    </paragraph>
    <paragraph num="(15)">
      <text>“Treasurer’s designee” means only the Chief Deputy Treasurer, the Deputy Treasurer for the Maryland 529 Program, or the Director of Maryland 529.</text>
    </paragraph>
    <paragraph num="(16)">
      <text>“Trust” means the Maryland Senator Edward J. Kasemeyer Prepaid College Trust established under Education Article, Title 18, Subtitle 19, Annotated Code of Maryland.</text>
    </paragraph>
  </paragraph>
</regulation>