Section 34-12-40 - "Continuing care agreement" defined.
34-12-40. "Continuing care agreement" defined. For the purposes of this section, a continuing care agreement is an agreement to provide a person board and lodging, in addition to care in a nursing facility or assisted living center, as defined in § 34-12-1.1, for the duration of the person's life, in consideration for an entrance fee paid to the provider.
Source: SL 1998, ch 206, § 1.