§418.3401. What are resources?
20 C.F.R. § 418.3401
For purposes of this subpart, resources are cash or other assets that an individual owns and could convert to cash to be used for his or her support and maintenance.
Notes, amendments, and revision history
Authority
Authority: Secs. 702(a)(5) and 1860D-1, 1860D-14 and -15 of the Social Security Act (42 U.S.C. 902(a)(5),1395w-101, 1395w-114, and -115).
Source
Source: 70 FR 77675, Dec. 30, 2005, unless otherwise noted.