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2011 SESSION

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HJ 609 Continuing care retirement communities; SCC to study management & need for resident representation.

Introduced by: Vivian E. Watts | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Study; SCC; management of continuing care retirement communities and the need for resident representation in management and governance; report.  Requests the State Corporation Commission to study the management, governance, and financial structure of continuing care retirement communities and the need for resident representation in management and governance, including the need for and any benefits associated with requiring resident participation in management and governance of continuing care retirement communities. If the SCC determines that a need exists and benefits would result from requiring resident participation in management and governance of continuing care retirement communities, the SCC is further directed to study and make recommendations related to the best method for implementing such requirement, including any statutory or regulatory changes that may be required.


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