To protect the funds of a resident of a facility subject to the provisions of the Group Homes for Persons with Developmental or Physical Disabilities Act, the group home:

1. 1. May assist the resident in reserving a portion of the resident's monthly income for the resident's personal use;
2. 2. Shall at the time of admission, and annually thereafter, provide each resident and the resident's guardian or advocate, if any, with a written statement explaining the resident's rights regarding personal funds and listing the services for which the resident will be charged, and obtain a signed acknowledgment from each resident and the resident's guardian or advocate, if any, that the resident has received the statement;
3. 3. May assist the resident in safekeeping and managing the resident's funds, if the group home receives written authorization from the resident and the resident's guardian or advocate, if any;
4. 4. Shall maintain and allow each resident and the resident's guardian or advocate, if any, access to a written record of all financial arrangements and transactions involving the individual resident's funds;
5. 5. Shall provide each resident and the resident's guardian or advocate, if any, with a written itemized statement on request, of all financial transactions involving the resident's funds;
6. 6. Shall keep any funds received from a resident for safekeeping in an account separate from the provider's funds;
7. 7. Shall return to the resident, upon written request by the resident and the resident's guardian or advocate, if any, all or any part of the resident's funds given the provider for safekeeping, including the interest accrued, if any, from deposits;
8. 8. Unless otherwise provided by state law, upon the death of a resident, shall provide the administrator or executor of the resident's estate with a complete accounting of all the resident's personal property, including any funds of the resident being held by the provider; and
9. 9. If the operation of a provider agency changes, shall provide the buyer with written verification by a public accountant of all residents' monies and properties for which the provider is responsible, and obtain a signed receipt from the new provider.

Laws 1987, HB 1460, c. 225, § 23; Amended by Laws 1996, SB 1097, c. 155, § 23, eff. November 1, 1996; Amended by Laws 1996, HB 2964, c. 354, § 23, eff. November 1, 1996; Renumbered from 63 O.S. § 1-818.23 by Laws 1996, HB 2964, c. 354, § 56, eff. November 1, 1996.