US · guidance
CMS SOM App. J, Tag W141
§483.420(b)(1)(ii) Precludes any commingling of client funds with facility funds or with the
funds of any person other than another client.
Guidance §483.420(b)(1)(ii)
If the facility elects to pool clients' funds in an interest-bearing account, including common trust
accounts, it is expected to know the interest separately accrued by each client, as part of its
required accounting of funds. Interest accumulated to a client's account belongs to the client,
not the facility.
History
Rev. 135, Issued: 02-27-15, Effective: 04-27-15, Implementation: 04-27-15
Provenance
- Source
- cms.gov
- Retrieved
- 2026-07-22
- Edition
- som-2026-07-22
- Content hash
9c9a620f56c5ed1dddb2be46a099dbd316289c4916cd27d4a5d176dec7e199c8
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