Texas Administrative Code
Title 26 - HEALTH AND HUMAN SERVICES
Part 1 - HEALTH AND HUMAN SERVICES COMMISSION
Chapter 261 - INTERMEDIATE CARE FACILITIES FOR INDIVIDUALS WITH AN INTELLECTUAL DISABILITY OR RELATED CONDITIONS (ICF/IID) PROGRAM-CONTRACTING
Subchapter F - PERSONAL FUNDS
Section 261.251 - Protecting Individuals' Personal Funds
Universal Citation: 26 TX Admin Code ยง 261.251
Current through Reg. 49, No. 38; September 20, 2024
(a) A program provider must implement this subchapter according to the generally accepted accounting principles of the American Institute of Certified Public Accountants.
(b) A program provider must develop and implement written policies and procedures regarding personal funds that protect the financial interest of an individual and, at a minimum, require the program provider:
(1) to instruct
an individual in handling personal funds consistent with the individual's
abilities and understanding;
(2) to
allow an individual to hold and manage personal funds to the extent of the
individual's abilities; and
(3) to
comply with 20 CFR Part
404, Subpart U, and
20 CFR Part
416, Subpart F, if the Social Security
Administration has appointed the program provider as the representative
payee.
(c) A program provider must reimburse an individual for personal funds lost or stolen while the funds are under the program provider's control.
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