20-1812. Disclosure statement;
contents
At the time of or prior to the execution of a life care contract and the transfer of
any money or other property to a provider pursuant thereto, the provider shall deliver to
the person with whom the life care contract is entered into a disclosure statement which
contains a copy of the provider's certified financial statements and feasibility study
prepared according to the provisions of section 20-1802 and any other information
required by the director. The cover of the disclosure statement shall contain the
following statement in bold-faced print: "A permit for this life care facility has been
issued by the Arizona department of insurance. This permit does not constitute approval,
recommendation or endorsement of the life care facility by the department, nor does it
evidence the accuracy or completeness of the information in this statement."
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