Ark. Code Ann. § 23-93-202: Continuing Care Provider Regulation Act - Applicability

(a) In addition to this subchapter, a life care provider is subject to the Continuing Care Provider Regulation Act, § 23-93-101 et seq. (b) (1) A life care provider shall not be established, conducted, or maintained in this state without obtaining a license from the Insurance Commissioner. (2) However, a life care provider established before August 13, 1993, shall be licensed without application or payment of a fee. (c) (1) A life care provider shall include at least one (1) resident of the continuing care community who is nominated by the residents as a voting member of the life care provider's governing body. (2) A resident member shall perform his or her duties in a manner that complies with the standards of conduct and fiduciary duties of the members of the governing board of the life care provider. Amended by Act 2019, No. 777,§ 1, eff. 7/24/2019. Acts 1993, No. 787, §§ 2, 3.

(a) In addition to this subchapter, a life care provider is subject to the Continuing Care Provider Regulation Act, § 23-93-101 et seq.

(b) (1) A life care provider shall not be established, conducted, or maintained in this state without obtaining a license from the Insurance Commissioner. (2) However, a life care provider established before August 13, 1993, shall be licensed without application or payment of a fee.

(1) A life care provider shall not be established, conducted, or maintained in this state without obtaining a license from the Insurance Commissioner.

(2) However, a life care provider established before August 13, 1993, shall be licensed without application or payment of a fee.

(c) (1) A life care provider shall include at least one (1) resident of the continuing care community who is nominated by the residents as a voting member of the life care provider's governing body. (2) A resident member shall perform his or her duties in a manner that complies with the standards of conduct and fiduciary duties of the members of the governing board of the life care provider.

(1) A life care provider shall include at least one (1) resident of the continuing care community who is nominated by the residents as a voting member of the life care provider's governing body.

(2) A resident member shall perform his or her duties in a manner that complies with the standards of conduct and fiduciary duties of the members of the governing board of the life care provider.