N.Y. Public Health Law Section 4661*2
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

Source: Section 4661*2 — Resident funds, https://www.­nysenate.­gov/legislation/laws/PBH/4661*2 (updated Sep. 22, 2014; accessed Jan. 18, 2025).

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Accessed:
Jan. 18, 2025

Last modified:
Sep. 22, 2014

§ 4661*2’s source at nysenate​.gov

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