(a) If a homeless person resides at a shelter, that person may open a passbook savings account at a bank or savings and loan association subject to the requirements imposed by the bank or savings and loan association. In the alternative, the homeless person may enter into a written agreement with the shelter in which he or she resides; the agreement may provide that the shelter will accept and hold moneys belonging to the homeless person. Under such an agreement, the shelter shall do the following: (1) Place the moneys in a non-interest bearing account for the homeless person, at no cost to that person. (2) Segregate, from all other moneys or accounts held or maintained by the shelter, moneys accepted from and held for homeless persons. (3) Maintain, separately for each homeless person with whom an agreement is made under this Section, an accurate accounting of the moneys accepted from, held for, and withdrawn by that person. Upon a homeless person's request, the shelter shall provide a copy of the accounting concerning that person's moneys. (4) Pay to the homeless person, within 48 hours after the person's request, the amount of the person's moneys held by the shelter or any lesser amount requested by the homeless person. (b) Money held by a shelter under this Section shall not be subject to assignment, attachment, garnishment, set-off, or other process in aid of creditors. (c) For purposes of this Section, "homeless person" means either of the following: (1) An individual who lacks a fixed, regular, and adequate nighttime residence; or (2) An individual who has a primary nighttime residence that is any of the following: (A) A supervised publicly or privately operated shelter designed to provide temporary living accommodations (including welfare hotels, congregate shelters, and transitional housing for the mentally ill). (B) An institution that provides a temporary residence for individuals intended to be institutionalized. (C) A public or private place not designed for, or ordinarily used as, a regular sleeping accommodation for human beings. account for the homeless person, at no cost to that person. or maintained by the shelter, moneys accepted from and held for homeless persons. with whom an agreement is made under this Section, an accurate accounting of the moneys accepted from, held for, and withdrawn by that person. Upon a homeless person's request, the shelter shall provide a copy of the accounting concerning that person's moneys. the person's request, the amount of the person's moneys held by the shelter or any lesser amount requested by the homeless person. adequate nighttime residence; or residence that is any of the following: shelter designed to provide temporary living accommodations (including welfare hotels, congregate shelters, and transitional housing for the mentally ill). residence for individuals intended to be institutionalized. or ordinarily used as, a regular sleeping accommodation for human beings.
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