Nonacceptance of the Purchaser’s Application

Nonacceptance of the Purchaser’s Application. A prospective Contract Purchaser may be denied the right to enter into an MPACT Contract: A. If the Purchaser does not meet the qualifications set forth in Chapter; B. If the MPACT Contract violates local, state, or federal laws; C. If the proposed Beneficiary is not a Qualified Beneficiary in accordance with Chapter 7; D. If the Board determines that it is advisable to limit the number of MPACT Contracts; E. If the Contract Purchaser fails to submit the MPACT Application during an official MPACT Enrollment Period; F. If the Contract Purchaser fails to submit the Application Processing Fee; G. If the Contract Purchaser submits an Application with incomplete information; or H. Such other reasons as may be determined by the State Treasurer or the Board.