10A NCAC 71U .0215 Resource Exclusions
Resource exclusions are found in 7 CFR 273.8(e) and this provision is hereby incorporated by reference under G.S. 150B-21.6 and does not apply to subsequent amendments and editions. In addition to the exclusions found in federal regulations, the following resources shall be excluded in determining eligibility and benefit level:
(1) funds from property conveyed to an individual at death of the property owner, also referred to as heir property;
(2) burial plots/space;
(3) lifetime interest in real or personal property limited to an individual's lifetime but the individual does not actually own the property;
(4) remainder interest in property when one individual owns property and another individual has the lifetime right; and
(5) land or buildings not excluded as a homesite, income producing property, or for the sale by good faith effort.
A copy of the CFR may be obtained by contacting the Government Printing Office, Superintendent of Documents, P. O. Box 37194, Pittsburgh, PA 15250-7954 or accessing the CFR online at www.access.gpo.gov/nara/cfr.
History Note: Authority G.S. 143B-153; P.L 107-171;
Temporary Adoption Eff. March 1, 2003;
Eff. August 1, 2004.