Expansion entrance fees and deposits

N.C. Gen. Stat. § 58-64A-95

N.C. Gen. Stat. § 58-64A-95

All entrance fees and deposits collected for independent living units in an expansion requiring Commissioner approval under this Part shall be placed in an escrow account in accordance with Part 4 of this Article unless otherwise exempted by the Commissioner. (2025-58, s. 2.) Part 4. Escrow Account.