Sec. 551.003. DEPOSIT OF PATIENT OR CLIENT FUNDS. (a) The superintendent or director of a department facility is the custodian of the personal funds that belong to a facility patient or client and that are on deposit with the institution.
(b) The superintendent or director may deposit or invest those funds in:
(1) a bank in this state;
(2) federal bonds or obligations; or
(3) bonds or obligations for which the faith and credit of the United States are pledged.
(c) The superintendent or director may combine the funds of facility patients or clients only to deposit or invest the funds.
(d) The person performing the function of business manager at that facility shall maintain records of the amount of funds on deposit for each facility patient or client.
Added by Acts 1991, 72nd Leg., ch. 76, Sec. 1, eff. Sept. 1, 1991.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1 (S.B. 219), Sec. 3.1337, eff. April 2, 2015.
Structure Texas Statutes
Title 7 - Mental Health and Intellectual Disability
Chapter 551 - General Provisions
Subchapter A. General Powers and Duties Relating to State Facilities
Section 551.002. Prohibition of Interest
Section 551.003. Deposit of Patient or Client Funds
Section 551.005. Disbursement of Patient or Client Funds
Section 551.006. Facility Standards
Section 551.007. Building and Improvement Program
Section 551.008. Regional Laundry Centers
Section 551.009. Hill Country Local Mental Health Authority Crisis Stabilization Unit