- (a) There shall be a written policy that establishes procedures for the protection and adequate accounting of individual funds and property and for advising the individual concerning the use of funds and property.
- (b) The policy may not prohibit or interfere with the individual’s right to manage the individual’s own finances.
- (c) An individual’s funds and property shall be used for the individual’s benefit.
(d) An up-to-date financial and property record shall be kept for each individual that includes the following:
- (1) Personal possessions and funds received by or deposited with the family or agency.
- (2) Disbursements made to or for the individual.
(e) If the agency or family assumes the responsibility for an individual’s financial resources, the following shall be maintained for each individual:
- (1) A separate record of financial resources including the dates and amounts of deposits and withdrawals.
- (2) For a withdrawal when the individual is given the money directly, the record shall indicate that funds were given directly to the individual.
- (3) Documentation, by actual receipt or expense record, of each single purchase exceeding $15 made on behalf of the individual carried out by family members or agency staff.
- (f) There may not be commingling of the individual’s personal funds with agency or household funds.
- (g) There may not be borrowing of the individual’s personal funds by family members or agency staff.