Minnesota Administrative Rules
Agency 144 - Health Department
Chapter 4658 - NURSING HOMES
RESIDENT PERSONAL FUNDS ACCOUNT
Part 4658.0265 - DEPOSIT OF PERSONAL FUNDS
Universal Citation: MN Rules 4658.0265
Current through Register Vol. 49, No. 13, September 23, 2024
A nursing home, except for veterans homes under Minnesota Statutes, section 198.265, must deposit a resident's personal funds in excess of $100 in an interest bearing account (or accounts) that is separate from any of the nursing home's operating accounts, and that credits all interest earned on the resident's account to the resident's account. Pooled accounts must separately account for each resident's share.
Statutory Authority: MS s 144A.04; 144A.08
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