23 MAC Pt. 103, R. 1.26
Valuation of Resources
Cite as 23 Miss. Admin. Code Pt. 103, R. 1.26
Valuation of Resources.
A. The value of a resource is the amount of an individual’s or couple’s equity in it. As indicated
in the definitions section, the equity value (EV) of a resource is its current market value
(CMV) less any encumbrance(s). The pay-off amount for each encumbrance on the property
is used in the calculation of its equity value.