FAA4.B Liquid Assets (LIAS) : 03 Liquid Asset Types - Overview : J American Indian Claims or Funds : .04 Items Purchased With American Indian Claims or Funds
.04 Items Purchased With American Indian Claims or Funds
When a participant uses the funds to purchase an item, the item is NOT countable as a resource indefinitely when all of the following apply:
 
The item was purchased ONLY with the Indian Claims or funds.
Documentation is provided. The documentation must include the amount of American Indian Claims or funds received and the purchase price of the item.
 
Key item purchased with American Indian claims or funds on LIAS using the EI Liquid Assets Code.
 
NA EXCEPTION
When a participant uses American Indian Claims or funds to purchase an item that is a countable resource, the item is countable as a resource.
Key item purchased with American Indian claims or funds on LIAS using the OF Liquid Assets Code.