Statute · New York Public Health Law

N.Y. Pub. Health Law § 4661 — Resident funds

N.Y. Pub. Health Law § 4661

Type
Statute
Source
New York Public Health Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

* § 4661. Resident funds. An assisted living operator or employee of a residence or any other entity which is a representative payee of a resident of such residence pursuant to designation by the social security administration or which otherwise assumes management responsibility over the funds…

Citator

N.Y. Pub. Health Law § 4661 — Resident funds is in force in the current edition of the Code, and nothing recorded condemns it.

* § 4661. Resident funds. An assisted living operator or employee of a residence or any other entity which is a representative payee of a resident of such residence pursuant to designation by the social security administration or which otherwise assumes management responsibility over the funds of a resident shall maintain such funds in a fiduciary capacity to the resident. Any interest on money received and held for the resident shall be the property of the individual resident.

* NB There are 2 § 4661's