N.Y. PBH Law § 4661*2
This is the official text of N.Y. PBH Law § 4661*2, part of New York’s PBH Law — part of the compiled statutory law of New York, published by the state as "PBH Law." Browse the sections below, each linked to its official government source.
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Resident funds
Official statutory text
* § 4661. Resident funds. An assisted living operator or employee of a\nresidence or any other entity which is a representative payee of a\nresident of such residence pursuant to designation by the social\nsecurity administration or which otherwise assumes management\nresponsibility over the funds of a resident shall maintain such funds in\na fiduciary capacity to the resident. Any interest on money received and\nheld for the resident shall be the property of the individual resident.\n * NB There are 2 § 4661's\n
Status: in_force · Read it on the official government site
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