(a) Criteria for being a qualified replacement beneficiary.
An individual may be the qualified replacement beneficiary of a savings
trust agreement if:
(1) the individual is a member of the family of the
former beneficiary who satisfies the requirements of Internal Revenue
Code of 1986, §529(e)(2), as amended, so that the change of beneficiary
is not treated as a distribution under that law; and
(2) documentation that evidences the relationship between
the individual and the former beneficiary is submitted to the plan
manager that has custody of the savings trust account.