Type of Trust. This Trust is a supplemental needs pooled trust created pursuant to federal and state laws under the Omnibus Budget Reconciliation Act of 1993 (“OBRA 1993”). Pursuant to OBRA 1993, persons with disabilities (as defined herein) shall be able to put assets in a pooled supplemental needs trust so long as said trust is established and managed by not-for-profit institutions. Innovative Care Solutions, Inc. is a recognized 501(c) (3) not-for-profit corporation.
Appears in 2 contracts
Sources: Trust Agreement, Trust Agreement