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Resident Fund Surety Bond - dads state tx

Resident Fund Surety Bond - dads state tx 2026

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The document is a Resident Fund Surety Bond issued by the Texas Department of Aging and Disability Services, outlining the obligations of a legal entity operating a nursing facility to securely manage residents' personal funds. It specifies the bond's conditions, including the requirement to hold and administer funds in trust, provide accurate accounting, and ensure compliance with relevant federal and state regulations. The bond serves as a financial guarantee for the protection of residents' funds.

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Click ‘Get Form’ to open the Resident Fund Surety Bond in the editor.
Begin by filling in the 'BOND NUMBER' and 'COUNTY OF' fields at the top of the form. This information is essential for identifying your bond.
In the section labeled 'Name of Legal Entity', enter the name of the entity providing Medicaid Nursing Facility Services. Follow this with the 'Name of Facility', 'Vendor Number', and complete address details.
Proceed to fill out the penal sum amount in dollars, which should reflect either the maximum dollar amount of resident funds managed or estimated for the upcoming year, as specified in Schedule A.
Ensure that all parties involved, including both Principal and Surety, sign and date where indicated at the bottom of the form. This finalizes your bond agreement.

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