1. A. Financial accountability:

   (1) Community homes shall provide a brief statement verifying financial stability from a certified public accountant to PSD during the annual onsite visit for license renewal.

   (2) Community homes shall have an annual financial audit conducted by an independent certified public accountant. A brief statement or proof that such audit has been conducted from an independent certified public account will be provided to PSD during the annual onsite review for license renewal.

2. B. Liability insurance: Community homes shall provide proof of professional liability insurance acceptable to PSD.

[8.26.6.14 NMAC - N, 02/28/2014]