5152-4        CASH ON HAND AND OTHER LIQUID RESOURCES

All cash on hand and other liquid resources (such as stocks and bonds and other items readily convertible to cash) which belong to the dependent child and/or his legal or adoptive parent residing with him and which are not otherwise exempt will be counted against the resource limit. Cash-on-hand or on deposit will be counted against the limit and all other liquid property will be counted against the limit. (See Verification of Resources, section 5150-7.)