 |
Oklahoma Administrative Code (Last Updated: March 11, 2021) |
 |
TITLE 770. Oklahoma Department of Veterans Affairs |
|
Chapter 10. Center Division Program |
|
Subchapter 3. Maintenance Charges, Patient Funds and Assets |
SECTION 770:10-3-2. Patient funds
Latest version.
- (a) It shall be the policy of the Oklahoma Veterans Centers to maintain special accounts (patients personal funds) for the patients. Said accounts will be maintained solely for the convenience of the patient. The Oklahoma Veterans Centers should not be construed as serving in a fiduciary capacity over these accounts.(b) No patient shall be required to maintain a patients funds account; however, if the patient wishes to use this service, he/she will be allowed to keep an amount not to exceed $2,500.00 in their account.(c) In the event the dollar amount exceeds the maximum allowable in the account, the following action will be taken:(1) Competent patients: The patient will be contacted by the finance office advising them of the excess and instructing that they transfer the excess within two (2) weeks.(2) Incompetent patients with guardians or payees: The guardian/payee will be notified by letter advising them of the excess and instructing them to make arrangements for transfer of the excess funds within one (1) month.