SEC. 262. PERSONAL PROPERTY LIMITS, EXCEPTIONS.

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SECTION A - GENERAL GOVERNMENT AND ADMINISTRATION

SECTION B - FINANCE, ACCOUNTING AND PURCHASING

SECTION C - PERSONNEL

SECTION D - TRAVEL AND TRANSPORTATION

SECTION E - WELFARE AND CHARITIES

SECTION F - PROPERTY, LAND AND BUILDINGS

SECTION G - COUNTY FACILITIES

SECTION H - EQUIPMENT

SECTION I - PLANNING AND LAND USE

SECTION J - ROADS STREETS AND HIGHWAYS

SECTION K - MISCELLANEOUS

SECTION L - LAW ENFORCEMENT

SECTION M - LEGISLATIVE

SEC. 262. PERSONAL PROPERTY LIMITS, EXCEPTIONS.

(a) No General Relief shall be granted to an applicant or recipient household owning personal property in the form of negotiable assets with a value of $50 or more. For the purpose of this subsection, assets include, but are not limited to, cash, savings and checking accounts, securities, negotiable instruments, life insurance with cash surrender value, and other evidence of indebtedness, such as notes, mortgages, and deeds of trust, or other liquid resources. For recipients participating in direct deposit, the minimum balance required by the financial institution for purposes of retaining a bank account shall be exempt from consideration when determining the recipient’s property limit.

(Added by Ord. No. 8835 (N.S.), effective 11-6-97; amended by Ord. No. 9704 (N.S.), effective 3-10-05; amended by Ord. No. 10302 (N.S.), effective 1-2-14)

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