GroundRules
12VAC35-105-210: Fiscal accountability
Where this section sits in the code
- Title 12. Health
- Agency 35. Department of Behavioral Health And Developmental Services
- Chapter 105. Rules and Regulations for Licensing Providers by the Department of Behavioral Health and Developmental Services
- Part III. Administrative Services
- Article 1. Management and Administration
A. The provider shall document financial arrangements or a line of credit that are adequate to ensure maintenance of ongoing operations for at least 90 days on an ongoing basis. The amount needed shall be based on a working budget showing projected revenue and expenses.
B. In addition to the indemnity coverage required pursuant to 12VAC35-105-220, the provider shall have written internal controls to minimize the risk of theft or embezzlement of provider funds.
C. The provider shall identify in writing the title and qualifications of the person with the authority and responsibility for the fiscal management of the provider's services.
D. The provider shall notify the department in writing when the provider's line of credit or other financial arrangement has been cancelled or significantly reduced at any time during the licensing period.
Collected 2026-09-14T04:51:24Z. Source file · JSON