Continuing care agreement defined

For the purposes of §§ 34-12-40 to 34-12-47 , inclusive, 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.