Part II. Organization and Administration
22VAC40-100-50. Governing board.
Each child caring institution sponsored by a corporation shall be governed and controlled by a governing board.
1. The governing board shall meet not less than quarterly.
2. The governing board shall be made up of no less than three members, a president, secretary-treasurer, and a member-at-large with additional membership according to size and function of the institution. It shall be large enough to be representative of a variety of interests and experience and the geographical area which it serves without being too large for smooth functioning.
3. The responsibility of the governing board shall be as follows:
a. To establish policies under which the institution is to operate;
b. To assure that the institution functions according to its defined purpose and that the program is conducted in conformity with official regulations and standards;
c. To maintain a budgeting and financing system whereby sound financial structure is maintained.
4. The governing board shall delegate administrative responsibility within established policies to the executive for the administration of the institution's program.
5. Membership shall be elected in accordance with bylaws and accepted practice.
Statutory Authority
§§ 63.2-217 and 63.2-1734 of the Code of Virginia.
Historical Notes
Derived from VR615-24-01 §IIA, eff. November 22, 1972; amended, eff. July 1, 1981, eff. February 1, 1984, eff. May 1, 1984, eff. July 1, 1984.
22VAC40-100-60. Finances.
A. The institution shall have a plan of financing which gives assurances of sufficient funds to enable it to carry out its defined purposes and provide adequate care for children. The initial application shall give evidence that there are sufficient funds to assure the first year of operation.
B. The institution shall annually, together with the application for license renewal, submit evidence of financial responsibility which shall include an annual financial statement. Such statement shall reflect the current fiscal condition of the institution and shall include its working budget.
C. The institution shall have adequate liability and fire insurance in force. A copy of the insurance policy shall be made available to the Commissioner's representative upon request.
Statutory Authority
§§ 63.2-217 and 63.2-1734 of the Code of Virginia.
Historical Notes
Derived from VR615-24-01 §IIB, eff. November 22, 1972; amended, eff. July 1, 1981, eff. February 1, 1984, eff. May 1, 1984, eff. July 1, 1984.
22VAC40-100-70. Relationship to licensing authority.
A. Child caring institutions shall submit to the Department of Social Services such periodic and special reports as it may require, including service, financial, personnel, statistical information, and a periodic census of children under care. A schedule of fees shall be filed with the State Department of Social Services.
B. The institution's records shall be made available to the department representative upon request.
C. The governing board or an official representative of the institution shall notify the department of any major changes pending or occurring in the administration or in the administrative personnel of the institution.
Statutory Authority
§§ 63.2-217 and 63.2-1734 of the Code of Virginia.
Historical Notes
Derived from VR615-24-01 §IIC, eff. November 22, 1972; amended, eff. July 1, 1981, eff. February 1, 1984, eff. May 1, 1984, eff. July 1, 1984.