New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 15 - EMERGENCY SHELTERS FOR THE HOMELESS
Subchapter 3 - RIGHTS OF RESIDENTS
Section 5:15-3.11 - Resident fund accounts

Universal Citation: NJ Admin Code 5:15-3.11

Current through Register Vol. 56, No. 18, September 16, 2024

(a) The licensee may offer a resident an opportunity to place personal funds in a facility-maintained account;

(b) The licensee shall not require a resident to maintain a personal fund account at the facility against the resident's wish, unless it is required by the facility's rules;

(c) The licensee shall provide for the safekeeping and accountability of resident funds;

(d) The licensee shall hold resident funds in trust for the sole use of the resident and shall not use these funds for any other purpose;

(e) Resident funds shall not be commingled with the personal funds of the licensee or the operating funds of the facility or become an asset of the licensee;

(f) The resident may terminate the personal fund account at any time unless it is a condition of occupancy, in which case termination of the personal fund account is a cause for removal;

(g) No service fee shall be charged by the licensee for maintaining a fund account for a resident;

(h) Each resident shall have the opportunity, during regular business hours, to examine his or her personal fund account records upon request.

Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.