Or. Admin. Code § 413-310-0500

Current through Register Vol. 63, No. 11, November 1, 2024

Section 413-310-0500 - Clearing a Trust Account

(1) When a child or young adult whose custody from the Department is terminated, the funds available in the Trust Account must be disbursed and the account is inactivated.

(2) Maintenance Account. Where there is any balance in the Maintenance Account, the Department must determine whether the balance represents money received while the child or young adult was in care and whether it should have been used to offset the cost of care.

(3) If a child or young adult has had interim financial accountings prepared, the closing financial accounting will only have to cover the period not covered by the interim accountings.

(4) A child or young adult may request further explanation of application and the final accounting by notifying the Children's Benefit Unit.

Or. Admin. Code § 413-310-0500

SCF 6-1995, f. 12-22-95, cert. ef. 12-29-95; CWP 22-2021, temporary amend filed 10/04/2021, effective 10/4/2021 through 4/1/2022; CWP 6-2022, amend filed 03/28/2022, effective 4/1/2022; CWP 92-2023, amend filed 12/22/2023, effective 1/1/2024

Statutory/Other Authority: ORS 416.820, ORS 418.032, ORS 419B.400 - 419B.406 & ORS 409.050

Statutes/Other Implemented: ORS 416.820, ORS 418.032 & ORS 419B.400 - 419B.406