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Code · Kentucky · Kentucky Revised Statutes

194A.729 Cabinet to provide information to lending institutions relative to

82 words·~1 min read·/ky/194a-729

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financing for assisted living community projects -- Fee. If a person or business seeks financing for an assisted living community project, the cabinet shall provide written correspondence to the lender, upon request, to denote whether the architectural drawings and lease agreement conditionally comply with the provisions of KRS 194A.700 to 194A.729. The cabinet may promulgate administrative regulations to establish a fee that shall not exceed costs of the program to the cabinet, to be charged for the written correspondence to the lender.
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