695-A - Purposes.

§  695-a.  Purposes. The purposes of the tuition savings program shall  be to authorize the establishment of  family  tuition  accounts  and  to  provide guidelines for the maintenance of such accounts to:    1. Enable residents of this state and other states to benefit from the  tax  incentive  provided  for qualified state tuition programs under the  Internal Revenue Code of 1986, as amended; and    2. Attract students to public and private  colleges  and  universities  within the state.