2-008.07A Liquid Resources

468 NAC 2-008.07A

Liquid resources are assets that are in cash or financial instruments which are convertible to cash. They include resources such as -

  1. Cash on hand;
  2. Cash in savings or checking accounts;
  3. Certificates of deposit;
  4. Stocks;
  5. Bonds;
  6. Investments;
  7. Collectable unpaid notes or loans;
  8. Promissory notes;
  9. Mortgages;
  10. Land contracts;
  11. Land leases;
  12. Revocable burial funds;
  13. Trust or guardianship funds;
  14. Cash value of insurance policies;
  15. Other similar properties;
  16. Federal and state tax refunds (excluding EIC's); and
  17. Medical savings accounts.

(12/27/97)

2-008.07A1 Cash, Savings, Investments, Money Due

2-008.07A2 Land Contracts

2-008.07A3 Funds Set Aside for Burial

2-008.07A4 Whole Life Insurance

2-008.07A5 Trust, Guardianship/Conservatorship, and Annuity Funds