23 MAC Pt. 103, R. 4.1
Cash
Cite as 23 Miss. Admin. Code Pt. 103, R. 4.1
Cash.
A. Cash is a countable resource.
B. Cash is defined as money on hand that is in the form of coin or currency.
1. Foreign currency or coins are cash to the extent they can be exchanged for U.S. currency.
2. Coin collections are not considered cash, even though they are a resource.
a) The value of coin collections is based on a collector’s value and determined by
knowledgeable source estimate.
1) Treat a coin collection as other personal property.