§416.1145. How the presumed value rule applies in a nonmedical for-profit institution.
20 C.F.R. § 416.1145
If you live in a nonmedical for-profit institution, we consider the amount accepted by that institution as payment in full to be the current market value of whatever food or shelter the institution provides. If you are paying or are legally indebted for that amount, you are not receiving in-kind support and maintenance. We do not use the presumed value rule unless someone else pays for you.
Notes, amendments, and revision history
Amendments
[45 FR 65547, Oct. 3, 1980, as amended at 70 FR 6345, Feb. 7, 2005]
Authority
Authority: 42 U.S.C. 902(a)(5), 1381a, 1382, 1382a, 1382b, 1382c(f), 1382j, 1383, and 1383b; sec. 211, Pub. L. 93-66, 87 Stat. 154 (42 U.S.C. 1382 note).
Source
Source: 45 FR 65547, Oct. 3, 1980, unless otherwise noted.
Amendments
[45 FR 65547, Oct. 3, 1980, as amended at 70 FR 6345, Feb. 7, 2005]