True or False: An ARF must obtain a bond from a surety company if the home safeguards residents' cash resources?

An adult residential facility (ARF) is required to obtain a bond from a surety company if the home is responsible for safeguarding residents' cash resources. This requirement is in place to protect the residents' funds and to ensure that there is financial accountability in the management of those resources. The bond serves as a form of insurance that can provide compensation to residents in the event of loss or mismanagement of their cash assets. This requirement is particularly important because residents, often vulnerable individuals, rely on the facility to manage their personal finances securely.

The other options do not align with the regulations governing ARF operations. For instance, the notion that a bond is only necessary if specifically requested by a resident does not reflect the overarching responsibility that ARFs have to all their residents in safeguarding financial resources. Similarly, suggesting that only facilities with a certain number of residents need a bond undermines the universal standard intended to protect residents, regardless of the size of the home. Thus, the requirement for a bond is a standard practice aimed at ensuring the financial safety of all residents’ cash resources within the facility.