Minn. R. agency 196, ch. 9555, ADULT FOSTER CARE SERVICES AND LICENSURE OF ADULT FOSTER HOMES, pt. 9555.6265 - SAFEGUARDS FOR CASH RESOURCES ENTRUSTED TO OPERATOR
Subpart 1.
Determination.
If the social worker determines that a resident needs and wants assistance safeguarding cash resources, any cash resources entrusted to the operator must be handled in accordance with this part.
Subp. 2.
Procedures for handling cash
resources.
If a resident entrusts cash resources to the operator, the procedures in items A to E must be used.
A. The resident and the resident's legal
representative shall be given a receipt by the operator. Receipts must be
signed by the resident or the resident's legal representative.
B. The operator shall not be entrusted with
cash resources in excess of $300 plus resources sufficient to meet one month's
cost of care.
C. The resident or
resident's legal representative shall have access to the written records
involving the resident's funds.
D.
The operator shall provide the resident or resident's legal representative with
a written quarterly accounting of financial transactions made on behalf of the
resident.
E. Upon the death or
transfer of a resident, any cash resources of the resident must be surrendered
to the resident or the resident's legal representative, or given to the
executor or administrator of the estate in exchange for an itemized
receipt.
Notes
Statutory Authority: MS s 245A.09
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.