California Health and Safety Code

§ 1792.7

HSC § 1792.7 Effective Jan 1, 2005Div. 2 · Ch. 10 · Art. 6

Statute text

(a)The Legislature finds and declares all of the following:

(1)In continuing care contracts, providers offer a wide variety of living accommodations and care programs for an indefinite or extended number of years in exchange for substantial payments by residents.

(2)The annual reporting and reserve requirements for each continuing care provider should include a report that summarizes the provider’s recent and projected performance in a form useful to residents, prospective residents, and the department.

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Legislative history

Added by Stats. 2004, Ch. 129, Sec. 6. Effective January 1, 2005.