31A-44-302. Delivery of disclosure statement.
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Effective 5/10/2016
31A-44-302. Delivery of disclosure statement.
(1)A provider shall deliver a disclosure statement to an individual before the earlier of the date:
(a)the provider executes a continuing care contract with the individual; or
(b)the individual transfers an entrance fee or a nonrefundable deposit to the provider.
(2)The most recently filed disclosure statement:
(a)is current for the purpose of this chapter; and
(b)is the only disclosure statement that satisfies the requirements described in Subsection
(1).
Enacted by Chapter 270 , 2016 General Session