Cal. Code Regs. tit. 22 § 72217

Current through Register 2024 Notice Reg. No. 25, June 21, 2024
Section 72217 - Bonds
(a) The amount of the Bond required in Section 1318 of the Health and Safety Code shall be in accordance with the following schedule:

(1) Total Amount Handled per month

Bonds Required

$750 or less................................................

$1,000

$751 to $1,500...........................................

$2,000

$1,501 to $2,500........................................

$3,000

(2) Every further increment of $1,000 or fraction thereof shall require an additional $1,000 on the bond.
(b) Each application for an original license or renewal of license shall be accompanied by an affidavit on a form provided by the Department. The affidavit shall state whether the license handles or will handle money of patients and the maximum amount of money to be handled for:
(1) Any patient.
(2) All patients in any month.
(c) No licensee shall either handle money of a patient or handle amounts greater than those stated in the affidavit submitted by him without first notifying the Department and filing a new or revised bond if requested.
(d) Charges for the surety company bond to handle patient monies shall not be paid out of those monies.

Cal. Code Regs. Tit. 22, § 72217

Note: Authority cited: Sections 208(a) and 1275, Health and Safety Code. Reference: Section 1318, Health and Safety Code.