Illinois Compiled Statutes 210 ILCS 135/9.1 – Recipient’s funds; protection
Current as of: 2024 | Check for updates
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(a) To protect a recipient’s funds, a service provider:
(1) May accept funds from a recipient for safekeeping
(1) May accept funds from a recipient for safekeeping
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and management if the service provider receives written authorization from the recipient or the recipient’s guardian.
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(2) Shall maintain a written record of all financial
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arrangements and transactions involving each individual recipient’s funds and shall allow each recipient, or the recipient’s guardian, access to that written record.
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(3) Shall provide, in order of priority, each
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recipient, or the recipient’s guardian, if any, or the recipient’s immediate family member, if any, with a written itemized statement of all financial transactions involving the recipient’s funds or a copy of the recipient’s checking or savings account register for the period. This information shall be provided at least quarterly.
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(4) Shall purchase and maintain a surety bond or
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other commercial policy with crime coverage in an amount equal to or greater than all of the recipient’s personal funds deposited with the service provider to which employees of the service provider have access to secure against loss, theft, and insolvency. The insurance company that provides the surety bond or commercial policy with crime coverage shall inform the Division of Developmental Disabilities of the Department of Human Services of any reduction or cancellation of the surety bond or commercial policy with crime coverage.
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(5) Shall keep any funds received from a recipient in
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an account separate from the service provider’s funds for safekeeping, and shall not withdraw all or any part of the recipient’s funds unless the service provider is (i) returning the funds to the recipient upon the request of the recipient or any other person entitled to make the request, (ii) paying the recipient his or her allowance, or (iii) making any other payment authorized by the recipient or any other person entitled to make that authorization.
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(6) Shall deposit any funds received from a recipient
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in excess of $100 in an interest-bearing account insured by agencies of, or corporations chartered by, the State or the federal government. The account shall be in a form that clearly indicates that the service provider has only a fiduciary interest in the funds and that any interest earned on funds in the account shall accrue to the recipient. The service provider may keep up to $100 of a recipient’s funds in a non-interest-bearing account or petty cash fund, to be readily available for the recipient’s current expenditures.
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(7) Shall, upon written request of a recipient or the
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recipient’s guardian, return to the recipient or the recipient’s guardian of the estate all or any part of the recipient’s funds given to the service provider for safekeeping, including the accrued interest earned on the deposits of the recipient’s funds.
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(8) Shall (i) place any monthly allowance that a
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recipient is entitled to in the recipient’s personal account or give the monthly allowance directly to the recipient, unless the service provider has written authorization from the recipient, the recipient’s guardian, or the recipient’s parent if the recipient is a minor, to handle the monthly allowance differently, (ii) take all steps necessary to ensure that a monthly allowance that is placed in a recipient’s personal account is used exclusively by the recipient or for the recipient’s benefit, and (iii) require any person other than the recipient who withdraws funds from the recipient’s personal account that constitute any portion of the recipient’s monthly allowance to execute an affidavit that the funds will be used exclusively for the benefit of the recipient.
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(9) If an adult recipient is incapable of managing
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his or her funds and does not have a guardian or immediate family member, the service provider shall notify the Office of the State Guardian of the Guardianship and Advocacy Commission.
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(b) Upon the death of a recipient, unless otherwise provided by State law, the service provider shall provide the executor or administrator of the recipient’s estate with a complete accounting of all the recipient’s personal property, including any funds of the recipient being held by the service provider.
(c) If a recipient changes service providers, the former service provider shall provide the new service provider with a written verification by a public accountant of all the recipient’s money and property being transferred and shall obtain a signed receipt for the money and property from the new service provider upon transfer of the recipient’s money and property.
(d) If a service provider is sold, the service provider shall provide the new owner with a written verification by a public accountant of all the recipient’s money and property being transferred and shall obtain a signed receipt for the money and property from the new owner upon transfer of the recipient’s money and property.
Terms Used In Illinois Compiled Statutes 210 ILCS 135/9.1
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
- Personal property: All property that is not real property.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(c) If a recipient changes service providers, the former service provider shall provide the new service provider with a written verification by a public accountant of all the recipient’s money and property being transferred and shall obtain a signed receipt for the money and property from the new service provider upon transfer of the recipient’s money and property.
(d) If a service provider is sold, the service provider shall provide the new owner with a written verification by a public accountant of all the recipient’s money and property being transferred and shall obtain a signed receipt for the money and property from the new owner upon transfer of the recipient’s money and property.