Arkansas Statutes

§ 23-93-201 — Definitions

Arkansas·Title 23

As used in this subchapter:

(1)"Commissioner" means the Insurance Commissioner;
(2)"Department" means the State Insurance Department;
(3)"Entrance fee" means a payment that assures a resident a place in a facility for a term of years or for life;
(4)"Facility" means a place which provides life care;
(5)"Hazardous financial condition" means a provider is insolvent or in imminent danger of becoming insolvent;
(6)"Life care" means continuing care as defined in § 23-93-103(2) , except that no additional charges are made for nursing care or personal care services beyond those charged all residents of the facility who are not receiving nursing care or personal care services;
(7)"Living unit" means a room, apartment, cottage, or other area within a facility set aside for the exclusive use

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Legislative History

Acts 1993, No. 787, § 1.

Nearby Sections

15
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