Current through Register Vol. 48, No. 51, June 17, 2024
Part 9555.6265 - SAFEGUARDS FOR CASH RESOURCES ENTRUSTED TO OPERATORSubpart 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.Statutory Authority: MS s 245A.09