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N.Y. Pub. Health Law § 4661*2

Resident funds

2014-09-22

* § 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

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.