Minnesota Nursing Home Abuse and Neglect Lawyer Kenneth LaBore 1-888-452-6589

Assurance of Financial Security for Funds Held for Nursing Home Residents

Nursing Home Resident's Funds Must be Secure

Nursing Home Resident’s Funds Must be Secure

Assurance of Financial Security is Required for Nursing Home Facilities

§483.10 Resident rights.  Assurance of Financial Security is Required for Nursing Home Facilities.  The resident has a right to a dignified existence, self-determination, and communication with and access to persons and services inside and outside the facility. A facility must protect and promote the rights of each resident, including each of the following rights:

(a) Exercise of rights.

(c) Protection of resident funds.

(7) Assurance of financial security. The facility must purchase a surety bond, or otherwise provide assurance satisfactory to the Secretary, to assure the security of all personal funds of residents deposited with the facility.


For questions please call Attorney Ken LaBore Minnesota Elder Abuse and Neglect Attorney at 612-743-9048.

More information about assurance of financial security and Medicare / Medicaid Billing Fraud and other Signs of Nursing Home Abuse and Neglect in Minnesota.


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Minnesota Nursing Home Lawyer


Kenneth L. LaBore, Esq, Phone: 612-743-9048 or Toll Free: 1-888-452-6589

This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Minnesota Nursing Home Lawyer & Attorney of Kenneth LaBore - Attorney at Law, offering services related to elder abuse and neglect, nursing home, assisting living, and other senior or elder care facilities, serving Minneapolis, St Paul, Twin Cities, Bemidji, Rochester, Alexandria, Marshall, Grand Rapids, Anoka, Apple Valley, Arden Hills, Burnsville, Lakeville, St Cloud, Monticello, Duluth, Owatonna, Austin, Bloomington, Mankato and throughout Minnesota.

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