Asset Limits 510-05-70-15

(Revised 7/1/2025 ML #3935)

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(N.D.A.C. Section 75-02-02.1-26)

 

1. In all instances, including determinations of equity, property must be realistically evaluated in accordance with current fair market value. The combined equity value of all property of whatever nature, not otherwise excluded, is limited to:

1. Three thousand dollars for a one-person unit;
2. Six thousand dollars for a two-person unit; and
3. An additional amount of twenty-five dollars for each member of the unit in excess of two.

Eligibility may exist in a month when countable assets are within the asset limits for at least one day of the month.

 

2. There is no provision for the Asset Limit to be exceeded.

 

3. Assets can be accumulated up to the allowable limit at any time and may be accumulated out of disregarded income during periods of eligibility.