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AR SB615
Bill
Status
4/10/2019
Primary Sponsor
Greg Leding
Click for details
AI Summary
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Life care providers are subject to the Continuing Care Provider Regulation Act, § 23-93-101 et seq., in addition to other applicable provisions.
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Life care providers must obtain a license from the Insurance Commissioner to be established, conducted, or maintained in Arkansas.
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Life care providers established prior to August 13, 1993, shall be licensed without application or payment of a fee.
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Life care providers must include at least one resident of the continuing care community nominated by residents as a voting member of the provider's governing body.
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Resident members must perform their duties in compliance with the standards of conduct and fiduciary duties required of all governing board members.
Legislative Description
To Amend The Law Concerning The Applicability Of The Continuing Care Provider Regulation Act To Life Care Providers.
Last Action
Notification that SB615 is now Act 777
4/10/2019