South Dakota § 34-12-46 Construction--Fees.

South Dakota Statutes

§ 34-12-46 — Construction--Fees.

South Dakota·Title 34 PUBLIC HEALTH AND SAFETY·Ch. 34-11B REGULATION OF HOSPITALS AND RELATED INSTITUTIONS

Any new continuing care retirement community may not start construction until escrowed deposits of at least ten percent of the proposed entrance fee has been received for at least fifty percent of the proposed living units planned to be constructed. This section does not apply to the building of a continuing care retirement community if the funds used for building such facility are exclusively derived from sources other than prospective residents.

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Any new continuing care retirement community may not start construction until escrowed deposits of at least ten percent of the proposed entrance fee has been received for at least fifty percent of the proposed living units planned to be constructed. This section does not apply to the building of a continuing care retirement community if the funds used for building such facility are exclusively derived from sources other than prospective residents.

South Dakota § 34-12-46 (Construction--Fees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.