Section 1569.60 Of Article 6. Other Provisions From California Health And Safety Code >> Division 2. >> Chapter 3.2. >> Article 6.
1569.60
. (a) The director shall require as a condition precedent to
the issuance of any license for a residential care facility for the
elderly, if the licensee handles or will handle any money of a person
within the facility, that the applicant for the license file or have
on file with the department a bond issued by a surety company
admitted to do business in this state in a sum to be fixed by the
department based upon the magnitude of the operations of the
applicant, but which sum shall not be less than one thousand dollars
($1,000), running to the State of California and conditioned upon his
or her faithful and honest handling of the money of persons within
the facility.
(b) The failure of any licensee under this chapter to maintain on
file with the state department a bond in the amount prescribed by the
director or who embezzles the trust funds of a person in the
facility shall constitute cause for the revocation of the license.
(c) The provisions of this section shall not apply if the licensee
handles moneys of persons within the residential care facility for
the elderly in amounts less than fifty dollars ($50) per person and
less than five hundred dollars ($500) for all persons in any month.