130 CMR, § 456.603

Current through Register 1536, December 6, 2024
Section 456.603 - Autonomy of PNA Account
(A) If the facility assumes responsibility for a member's funds, the facility must deposit funds in excess of $50 into a PNA account, that is, an interest-bearing trustee account separate from any of the facility's operating accounts. A fee may not be charged to the account.
(B) The facility must ensure that a member's PNA funds are not available for any purpose except the personal needs of that member. The funds must not be lent or be used as collateral for a loan for anyone including the facility and may not be less than a zero balance.

130 CMR, § 456.603

Amended by Mass Register Issue 1505, eff. 10/1/2023.