55 Pa. Code § 2800.20 - Financial management
(a) A
resident may manage his personal finances unless the resident has a guardian of
his estate.
(b) If the residence
provides assistance with financial management or holds resident funds, the
following requirements apply:
(1) The
residence shall keep a record of financial transactions with the resident,
including the dates, amounts of deposits, amounts of withdrawals and the
current balance.
(2) Resident funds
shall be disbursed during normal business hours within 24 hours of the
resident's request.
(3) The
residence shall obtain a written receipt from the resident for cash
disbursements at the time of disbursement.
(4) Resident funds and property shall only be
used for the resident's benefit.
(5) Commingling of resident funds and
residence funds is prohibited.
(6)
If a residence is holding more than $200 for a resident for more than 2
consecutive months, the administrator shall notify the resident and offer
assistance in establishing an interest-bearing account in the resident's name
at a local Federally-insured financial institution. This does not include
security deposits.
(7) The legal
entity, administrator and staff persons of the residence are prohibited from
being assigned power of attorney or guardianship of a resident or a resident's
estate.
(8) The residence shall
give the resident and the resident's designated person, an itemized account of
financial transactions made on the resident's behalf on a quarterly
basis.
(9) A copy of the itemized
account shall be kept in the resident's record.
(10) The residence shall provide the resident
the opportunity to review his own financial record upon request during normal
business hours.
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