Delaware § 4006 Accountability

Delaware Statutes

§ 4006 — Accountability

Delaware·Title 12·Part Fiduciary Relations·Ch. 40 DELAWARE CAREPLAN TRUST ACT

(a)The Delaware CarePlan Trust shall prepare a report annually itemizing all funds collected for the year, income earned, salaries, other expenses incurred and the opening and final trust balances. Such report shall be available to the public.

(b)The Delaware CarePlan Trust shall, upon request, provide a copy of the report required under subsection (a) of this section to the participant or the participant’s representative.

(c)Each year, the Delaware CarePlan Trust shall prepare on behalf of each participant:

(1)A detailed individual statement of the services provided to each participant during the previous 12 months, and the services planned for such participant during the following 12 months; and

(2)An accounting of expenditures made on behalf of the participant and the investmen

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The Delaware CarePlan Trust shall prepare a report annually itemizing all funds collected for the year, income earned, salaries, other expenses incurred and the opening and final trust balances. Such report shall be available to the public.

(b) The Delaware CarePlan Trust shall, upon request, provide a copy of the report required under subsection (a) of this section to the participant or the participant’s representative.

(c) Each year, the Delaware CarePlan Trust shall prepare on behalf of each participant:

(1) A detailed individual statement of the services provided to each participant during the previous 12 months, and the services planned for such participant during the following 12 months; and

(2) An accounting of expenditures made on behalf of the participant and the investments remaining in such participant’s account.

(d) The Delaware CarePlan Trust shall provide the statement required under subsection (c) of this section to the participant or the participant’s representative, and, consistent with standards adopted by the Board to protect the participant’s privacy rights, shall upon request provide such statement to each donor for the participant.

(e) The Delaware CarePlan Trust shall provide the statement required under subsection (c) of this section as a final statement upon the withdrawal of a participant.

Delaware § 4006 (Accountability) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.