The West Virginia Department of Health and Human Resources requires a surety bond for residents’ funds held by a nursing home in order to protect any persons that allow a nursing home to handle their money. The licensee shall hold separately and in trust all residents’ funds deposited with the licensee, shall administer the funds on behalf of the resident in the manner directed by the depositor, shall render a true and complete account to the depositor and the director when requested, and at least quarterly to the resident, and upon termination of the deposit, shall account for all funds received, expended, and held on hand.
CLICK HERE for more information regarding West Virginia nursing home laws.
How to Get Your West Virginia Surety Bond for Residents’ Funds Held by a Nursing Home
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
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