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Current as of January 01, 2024 | Updated by FindLaw Staff
The department shall deposit the patients' personal deposit fund in a commercial account of a bank of reputable standing. When deposits in the commercial account exceed average monthly withdrawals, the department may deposit the excess at interest. The savings account shall be in the name of the patients' personal deposit fund and interest paid on the account may be used for recreational purposes at the mental health institute.
Cite this article: FindLaw.com - Iowa Code Title VI. Human Services [Chs. 216-255A] § 226.46. Deposit of fund - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-vi-human-services-chs-216-255a/ia-code-sect-226-46/
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