31A-44-304. Disclosure statement -- Contents -- Provider characteristics.
A provider disclosure statement shall contain:
(1) the name and business address of each provider officer, director, trustee, and managing or general partner of the provider;
(2) the name and business address of each person who has at least a 10% interest in the provider and a description of the person's interest in or occupation with the provider;
(3) a statement of whether the continuing care provider is a for-profit or not-for-profit entity, and a statement of the provider's tax-exempt status, if any;
(4) the location and a description of the proposed or existing physical property of the facility; and if the physical property is proposed: the property's estimated completion date; whether construction has begun; and conditions known to the provider under which the property's construction could be deferred;
(5) if the provider intends to contract with a person other than an employee of the provider to manage the operations of the facility: a description of the person's experience in the operation or management of a continuing care or similar facility; a description of any entity that controls or is controlled by the person that proposes to provide goods, leases, or services to residents of the facility, of an aggregate value of $500 or greater in a year; a description of any goods, leases, or services described in Subsection, and a statement of the probable or anticipated cost to the facility, provider, or residents for the goods, leases, or services, or a statement that the provider is unable to estimate the cost; and (5)(b) a description of any matter in which the person: has been convicted of a felony; is subject to a restrictive court order; or has had a state or federal license revoked as a result of a matter related to a continuing care facility or a related health care field; and
(6) any religious, charitable, or nonprofit organization affiliated with the provider; the extent of the affiliation and the extent to which the organization is responsible for contractual or financial obligations of the provider; and the organization's tax-exempt status, if any.