Section 40-2231 - Continuing care contracts; definitionsAs used in this act:
(a) "Continuing care" means the multiple levels of care provided as part of a continuing care retirement community, as defined in K.S.A. 39-923, and amendments thereto.(b) "Continuing care contract" means an agreement pursuant to which a provider undertakes to furnish to a person, not related by consanguinity or affinity to the provider, shelter and medical or nursing services or other health-related benefits that require a present or deferred transfer of assets or an entrance fee in addition to or in lieu of periodic charges. (c) "Entrance fee" means the total of any initial or deferred transfer to, or for the benefit of, a provider of a sum of money or other property made or promised to be made as full or partial consideration for acceptance of a person as a resident pursuant to a continuing care contract.(d) "Home" means the facility or facilities occupied, or planned to be occupied, by five or more residents where the provider undertakes pursuant to the continuing care contract to provide continuing care to such residents.(e) "Provider" or "continuing care provider" means the person, corporation, partnership, association or other legal entity that agrees to provide continuing care to residents in a home.(f) "Resident" means an individual or individuals who have entered into an agreement with a provider for continuing care in a home.(g) "Secretary" means the secretary for aging and disability services.(h) "Act" means the provisions of K.S.A. 40-2231 through 40-2238 and amendments thereto.Amended by L. 2024, ch. 103,§ 9, eff. 7/1/2024.L. 1989, ch. 73, § 1; July 1.