Transfer Of Resource Not Counted For Disqualification

A transferred resource is not counted for disqualification, under the conditions below: (7-1-24) 01. Three Months Before Application. The transfer of a resource was more than three (3) months before the date of Food Stamp application. (7-1-24) 02. Resources Less Than Limit. The transfer, when added to the other countable resources, does not exceed the resource limit. (7-1-24) 03. Transfer at Fair Market Value. The sale or trade of a resource, made at or near the fair market value, is not counted. (7-1-24) 04. Transfer Between Household Members. A resource transferred between members of the same household, including ineligible legal non-citizens or disqualified persons whose resources are considered available to the household, is not counted. (7-1-24) 05. Transfer for Reasons Other Than Food Stamps. A resource transferred for reasons other than trying to qualify for Food Stamps is not counted. (7-1-24)