State Website Full Text (most recent version):
http://www.multistatetech.com/cgi/citesource?sctnys=ORHB21382009
Last Action:
05/26/2009 In House; Speaker signed.; In Senate; President signed.
Primary Synopsis:
Prescribes new requirements for registration of continuing care retirement communities.
Secondary Synopsis:
Relating to continuing care retirement communities.
Synopsis:
Prescribes new requirements for registration of continuing care retirement communities; adds reporting requirements for initial and annual disclosure statements; establishes rights of residents and obligations of providers of continuing care retirement communities.
Additional Bill Information:
May 21, 2009 Enrolled Language-
…SECTION 2. ORS 101.030 is amended to read:
101.030. (1) A NEW CONTINUING CARE RETIREMENT COMMUNITY provider shall register with the Department of Human Services before the provider:
(a) Enters into a residency agreement with a nonresident;
(b) Extends the terms of a resident’s existing residency agreement; or
(c) (B) Solicits either a PROSPECTIVE resident or nonresident to pay an application fee or execute a residency agreement ; OR
(C) COLLECTS AN ENTRANCE FEE .
(2) The provider shall apply for registration with the department on forms prescribed by the department. The application shall include a disclosure statement as described in ORS 101.050. THE DISCLOSURE STATEMENT MUST INCLUDE AN EXPLANATION, IN BOLDFACED TYPE, WHETHER AND IN WHAT MANNER AND AMOUNT ENTRANCE FEES ARE REFUNDED TO PROSPECTIVE RESIDENTS IN THE EVENT A PROSPECTIVE RESIDENT WITHDRAWS FROM THE RESIDENCY AGREEMENT PRIOR TO OCCUPANCY…
