# W. Va. Code § 18-30-8: The College and Jumpstart Savings Administrative Account

> West Virginia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S8

## Section

- **Citation:** W. Va. Code § 18-30-8
- **Heading:** The College and Jumpstart Savings Administrative Account
- **Jurisdiction:** West Virginia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** WV Code / Chapter 18 / Article 30 / Section 8

## Text

(a) There is hereby continued a separate special revenue account within the State Treasury titled the “college prepaid tuition and savings program administrating account”, which shall hereafter be known as the College and Jumpstart Savings Administrative Account. The board shall administer and make expenditures from the account for the purposes of implementing, operating, and maintaining the trust funds, the program created by this article, and the program created by §18-30A-1 et seq . of this code.

(b) The administrative account shall receive all fees, charges, and penalties collected by the board. Expenditures from the fund are authorized from collections. Any balance, including accrued interest and other returns, remaining in the fund at the end of each fiscal year shall not revert to the General Revenue Fund but shall remain in the fund to be expended as authorized by this section.

## Nearby sections

- [W. Va. Code § 18-30-1 §18-30-1. Title.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S1.md)
- [W. Va. Code § 18-30-2 §18-30-2. Legislative findings and purpose.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S2.md)
- [W. Va. Code § 18-30-3 §18-30-3. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S3.md)
- [W. Va. Code § 18-30-3A §18-30-3a. 2022 Legislative findings; statutory construction.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S3A.md)
- [W. Va. Code § 18-30-4 §18-30-4. The Board of Trustees of the West Virginia College and Jumpstart Savings Programs; members; terms; compensation; proceedings generally.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S4.md)
- [W. Va. Code § 18-30-5 §18-30-5. Powers of the board to administer the College Savings Program.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S5.md)
- [W. Va. Code § 18-30-6 §18-30-6. Use of financial organizations as program depositories and managers.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S6.md)
- [W. Va. Code § 18-30-7 §18-30-7. West Virginia Savings Plan Trust.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S7.md)
- [W. Va. Code § 18-30-8 §18-30-8. The College and Jumpstart Savings Administrative Account.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S8.md)
- [W. Va. Code § 18-30-9 §18-30-9. Income tax deduction for purchasers.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S9.md)
- [W. Va. Code § 18-30-10 §18-30-10. Reports and account; annual audit.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S10.md)
- [W. Va. Code § 18-30-11 §18-30-11. Financial aid eligibility.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S11.md)
- [W. Va. Code § 18-30-12 §18-30-12. Confidentiality.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S12.md)
- [W. Va. Code § 18-30-13 §18-30-13. Remaining obligations of the Prepaid Tuition Program and Escrow Fund.](https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WV_C18_A30_S8. Check the current official text before relying on it. Not legal advice.