California Health and Safety Code
§ 1568.021
HSC § 1568.021 Effective Jan 1, 1993Div. 2 · Ch. 3.01 · Art. 1
Statute text
View on leginfo.ca.gov(a)If the applicant for a license for a residential care facility handles or will handle any money of a resident of the facility, the applicant or licensee shall file or have on file with the department a bond issued by a surety company admitted to do business in this state in a sum to be fixed by the department based upon the magnitude of the operations of the applicant or licensee, but which sum shall not be less than one thousand dollars ($1,000), running to the State of California and conditioned upon his or her faithful and honest handling of the money of residents of the facility.
(b)The failure of any licensee under this chapter to maintain on file with the department a bond in the amount prescribed by the department or the embezzlement by a licensee of trust funds of a resident of the facility shall constitute cause for the revocation of the license.
(c)This section shall not apply if the licensee handles moneys of residents of the facility in amounts less than fifty dollars ($50) per person and less than five hundred dollars ($500) for all persons in any month.
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Legislative history
Amended by Stats. 1992, Ch. 1315, Sec. 11. Effective January 1, 1993.