MT resident trust fund bonds.
From $100. Enter your amount.
When a Montana nursing facility holds residents’ personal spending money in trust, federal law requires it be secured — and a surety bond is the accepted way to do it. The amount tracks the funds you hold for residents. Premiums start from $100, and the application collects no credit information.
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Apply to filed in one sitting.
No underwriting queue for the standard resident trust bond — enter your amount, pay, and you have the executed bond. Here is the whole thing:
Apply online
Facility details, the bond amount covering the funds you hold, and the effective date — that is the entire application.
Issued on the spot
No credit information is collected in the application, and there’s no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with your survey / Medicaid record
Keep the executed bond on file as evidence the trust funds are secured, ready for survey and your DPHHS provider record. Wet-ink originals mailed on request.
What it is and who needs it.
What the resident trust bond actually covers
A nursing facility often manages small sums of residents’ personal money — spending accounts for haircuts, snacks, sundries. Federal nursing-home rules at 42 CFR 483.10(f)(10) require any facility that holds those funds to secure them by surety bond or equivalent, so a resident is made whole if the money is mismanaged or the facility fails.
In Montana, facilities certified for Medicaid through the Department of Public Health and Human Services (DPHHS) meet this requirement as a condition of participation. The bond is sized to the amount of resident funds held in trust — you set it to your trust account balance, with a little headroom for fluctuation.
It protects the residents as the beneficiaries: if the facility misapplies their funds, a resident (or the state on their behalf) can recover against the bond. If the surety pays a claim, the facility repays the surety — it is a guarantee of honest stewardship, not insurance for the facility. Premiums start from $100, and the application collects no credit information.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount that covers the funds you hold — the executed bond is generated instantly, ready to keep on file.
Start the application →Common questions.
Other Montana bonds.
Resident trust funds, secured today.
Premiums from $100. Enter the funds you hold and have the bond on file the same day.