The California Health and Safety Code Sections 1560-1565 describes the statutes surrounding the California Skilled Care Facility or “Patient Trust Fund” Bond. If you work at a Patient Care facility and you handle any patients money in excess of $50 a month, or an aggregate of all patients money totaling $500 per month or more, then it is required by law that you possess the California Skilled Care Facility Bond.
Bonds Express offers a California Skilled Care Facility (Patient Trust Fund) Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The California Skilled Care Facility (Patient Trust Fund) Bond holds you accountable for your business decisions.
By possessing a California Skilled Care Facility (Patient Trust Fund) Bond , you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.