ARSD 67:12:05:76. Exclusion of vehicle owned by dependent child

The trade-in value of a vehicle owned by a dependent child is excluded from the resource limit contained in § 67:12:05:05 if: (1) The household is assigned to the 1115 waiver group under the provisions of § 67:12:01:73; (2) The trade-in value does not exceed two thousand five hundred dollars; (3) The child who owns the vehicle is at least fourteen years old; (4) The child is at least a part-time student; (5) The child is employed at least part-time or has been employed at least part-time in the preceding twelve months; (6) The vehicle is owned solely by the child or is owned jointly by the child and the child's caretaker or another adult relative; and (7) A portion of the payment for the car comes from the child's earnings. This exclusion is limited to one vehicle for each qualifying dependent child.