Continuing care retirement community; SCC to study management and need for resident representation. (SJ52)

Introduced By

Sen. George Barker (D-Alexandria)

Description

Study; SCC; management of continuing care retirement communities and the need for resident representation in management and governance; report.  Requests the State Corporation Commission to study the management of continuing care retirement communities and the need for resident representation in management and governance including the various management and governance structures of continuing care retirement communities in the Commonwealth, and the need for and any benefits associated with requiring resident participation in management and governance of continuing care retirement communities. If the State Corporation Commission determines that a need exists and benefits would result from requiring resident participation in management and governance of continuing care retirement communities, the State Corporation Commission is further directed to study and make recommendations related to the best method for implementing such requirement, including any statutory or regulatory changes that may be required. Read the Bill »

Outcome

History