College savings trust account means an account established pursuant to this chapter to assist individuals and families to enhance the accessibility and affordability of higher education, with such account used to apply distributions from the account toward qualified higher education expenses at eligible educational institutions, as both such terms are that term is defined in § 529 of the Internal Revenue Code of 1986, as amended, or other applicable federal law.
College savings trust account means the same as that term is defined in § 23.1-700.