Texas Administrative Code
Title 1 - ADMINISTRATION
Part 15 - TEXAS HEALTH AND HUMAN SERVICES COMMISSION
Chapter 381 - GUARDIANSHIP SERVICES
Subchapter D - STANDARDS FOR GUARDIANSHIP PROGRAMS
Division 2 - ADMINISTRATION AND FISCAL MANAGEMENT
Section 381.317 - Fiscal Responsibility
Current through Reg. 49, No. 38; September 20, 2024
A guardianship program has the following two distinct types of fiscal responsibility:
(1) Budget and Financial Functions. A guardianship program must maintain the fiscal standards required by its form of entity. All freestanding guardianship programs must follow generally accepted accounting principles and be able to produce proof that generally accepted accounting principles are followed. Guardianship programs that exist within the framework of a larger organization shall maintain the budget and financial functions required by funding sources and/or the larger organization's management.
(2) Clients. The fiscal responsibility of a guardianship program to its clients is governed by Chapter 13 of the Texas Probate Code and enforced by the court that appoints the guardianship program or its members to serve as guardian. A person sixty (60) years of age or older has the right to review financial records and the right to an accounting, as set forth in § RSA 102.003(i) of the Human Resources Code.
