Termination Due to Misrepresentation. (a) If requested, the Account Owner will provide documentation verifying representations made on the Application or any document submitted by the Account Owner with respect to the Agreement. (b) The Board may terminate an Account if a material misrepresentation is made in the Application or in any communication from the Account Owner or Beneficiary to the Board regarding the Account. A material misrepresentation includes, but is not limited to, providing an invalid Social Security Number or taxpayer identification number, providing false certification that a person is a Member of the Family of the Beneficiary, falsely certifying the Beneficiary’s Residency, or falsely certifying that a person is a citizen or resident alien of the United States. (c) Upon receipt of the Request, the Board will issue a refund to the Account Owner, if any, less the penalty authorized in paragraph 7.03 and any other outstanding fees.
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Samples: Florida 529 Savings Plan Program Description and Participation Agreement, Florida 529 Savings Plan Program Description and Participation Agreement, Florida 529 Savings Plan Program Description and Participation Agreement
