Cal. Code Regs. tit. 22 § 77053

Current through Register 2024 Notice Reg. No. 49, December 6, 2024
Section 77053 - Bonds
(a) Psychiatric health facilities with the exception of psychiatric health facilities operated by public entities, which handle $25.00 or more per patient or $500.00 or more for all patients within any one month, shall post a bond in accordance with the following schedule:

Amount HandledBond Required
$25 or more per patient or $500 or over and up to $750 for all patients within one month.................................................... $1,000
$751 to $1,500.................................................... $2,000
$1,501 to $2,500.................................................... $3,000
$2,500.01 and above.................................................... additional $1,000
bond for each $1,000 or fraction thereof of patients funds handled in excess of $2,500

(b) Each application for an original license or renewal of license, with the exception of psychiatric health facilities operated by public entities, shall be accompanied by an affidavit on a form provided by the Department. The affidavit shall state whether the licensee handles or will handle money of patients and the maximum amount of money to be handled for any patient and for all patients in any month.
(c) No licensee shall handle amounts greater than those stated in the affidavit submitted by the licensee without first notifying the Department and filing a new or revised bond if required.

Cal. Code Regs. Tit. 22, § 77053

1. New section filed 4-15-87, operative 5-15-87 (Register 87, No. 16).

Note: Authority cited: Sections 208(a) and 1275, Health and Safety Code. Reference: Sections 1275.1 and 1318, Health and Safety Code.

1. New section filed 4-15-87, operative 5-15-87 (Register 87, No. 16).