Utah Statutes

§ 31A-44-308 — Anticipated source and application of funds.

Utah § 31A-44-308
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-44Continuing Care Provider Act
Part 31A-44-3Provider Disclosure

This text of Utah § 31A-44-308 (Anticipated source and application of funds. ) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 31A-44-308 (2026).

Text

If a provider's facility is not in operation, the provider disclosure statement shall include a statement of the provider's anticipated source and application of funds to be used in the purchase or construction of the facility, including:

(1)an estimate of the cost of purchasing or constructing and of equipping the facility, including financing expenses, legal expenses, land costs, occupancy development costs, and any other costs that the provider expects to incur or to become obligated to pay before the facility begins operating;
(2)a description of any mortgage loan or other long-term financing arrangement for the facility, including the anticipated terms and costs of the financing;
(3)an estimate of the total entrance fees to be received from, or on behalf of, residents before the fa

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Legislative History

Enacted by Chapter 270, 2016 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 31A-44-308, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-44-308.