Texas Health and Safety Code

§ 246.042 — DELIVERY OF DISCLOSURE STATEMENT

HS § 246.042Title 4. HEALTH FACILITIES · Part B. LICENSING OF HEALTH FACILITIES · Ch. 246. CONTINUING CARE FACILITIES · Art. C. CONTINUING CARE CONTRACTS AND DISCLOSURE STATEMENTS

Statute text

View on source

(a)A provider who has not been issued a certificate of authority under Subchapter B must deliver a disclosure statement to any person from whom the provider accepts a deposit in connection with a reservation agreement before the provider accepts the deposit.

(b)A provider who has been issued a certificate of authority under Subchapter B must deliver a disclosure statement to a person with whom a continuing care contract is to be made before the earlier of:

(1)the execution of the continuing care contract; or

(2)the transfer of any entrance fee or nonrefundable deposit to the provider by or on behalf of the person.

(c)The most recently filed disclosure statement is the only statement that:

(1)is current for purposes of this chapter; and

…

Legislative history

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 953, Sec. 3, eff. Sept. 1, 1993.