What is the required bond amount when an ARF safeguards cash resources between $751.00 and $1,500.00?

In California, the required bond amount for an Adult Residential Facility (ARF) that safeguards cash resources is determined based on the total amount of cash being managed. For cash resources specifically between $751.00 and $1,500.00, the regulations stipulate that the facility must secure a bond of $2,000.

This bond serves as a form of insurance that protects the funds held on behalf of residents, ensuring that there are financial safeguards in place should any misappropriation occur. It is crucial for ARF administrators to understand these bond requirements to comply with state regulations and ensure the protection of resident funds.

Other bond amounts listed for different cash resource ranges would not apply within this specific range, making $2,000 the correct amount for cash safeguards between $751.00 and $1,500.00.