(b) Should the facility manage the resident's personal financial affairs, this authorization must be in writing and shall be signed appropriately as follows:

1. (1) If the resident is capable of understanding, the authorization shall be signed by the resident and one (1) witness; or

2. (2)

   1. (A) If the resident has an intellectual disability, the authorization shall be read and if he or she understands, the resident will sign along with a staff member and an outside disinterested party.
   2. (B) If he or she cannot understand, the authorization should be explained and signed by the guardian and witness.
   3. (C) If the resident is capable of understanding and acknowledges with a mark (X), then two (2) witnesses are required.

(g) The facility system of accounting includes written receipts for:

1. (1) Funds received by or deposited with the facility; and
2. (2) Disbursements made to or for the resident.

(h)

1. (1) All personal allowance moneys received by the facility are placed in a collective checking account.
2. (2) The checking account will be reconciled on a monthly basis.
3. (3) Any cost incurred for this account shall not be charged to the resident.
4. (4) Any interest earned from this account shall not be charged to the resident.

(k)

1. (1) The facility shall, at the resident's request, keep on deposit personal funds over which the resident has control.
2. (2) Should the resident request these funds, they are given to him or her on request with receipts maintained by the facility and a copy to the resident.

(m)

1. (1) If the facility makes financial transactions on a resident's behalf, the resident, guardian, or responsible party shall receive an itemized accounting of disbursements and current balances at least quarterly.
2. (2) A copy of the resident's quarterly statement shall be maintained in the facility.