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Session Laws, 1985
Volume 760, Page 3775   View pdf image
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HARRY HUGHES, Governor

3775

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed Senate Bill 195.

This bill provides more detailed and more rigorous
regulation of continuing care facilities; alters the
certificate-of-registration system for those facilities; requires
additional content in continuing care contracts; and provides
more thorough financial review of continuing care facilities.

House Bill 339, which was passed by the General Assembly and
signed by me on May 28, 1985, accomplishes the same purpose.
Therefore, it is not necessary for me to sign Senate Bill 195.

Sincerely,
Harry Hughes
Governor

Senate Bill No. 195

AN ACT concerning

Continuing Care Communities

FOR the purpose of providing for the issuance of a preliminary
certificate of registration; providing for the conditions
for the issuance of a preliminary certificate; providing
criteria for the approval of feasibility studies; providing
for the criteria for approving certain applications for

certificates of registration; providing when certain

properties of escrowed deposits may be used by a provider;
providing for conditions under which a subscriber may be
entitled to certain refunds; providing that a certain
disclaimer appear in all continuing care contracts;
providing that the continuing care agreement state that the
subscribers have a right to organize and to meet privately;
ensuring that the subscriber has received the latest
certified financial statement by a certain time; providing
that the continuing care agreement contain provisions
relating to the subscriber's right to request certain
certified financial statements and to the use of
subscribers' deposits and the conditions under which a final
certificate may be issued; providing that deposits must be
escrowed until a certain time; creating a Financial Review
Committee; providing for the qualifications, terms of
office, responsibilities, and duties of the members of the
Financial Review Committee; protecting members from civil
liability in certain circumstances; empowering the Office on
Aging to make a finding of financial difficulty and
providing a certain procedure to make the determination;

 

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Session Laws, 1985
Volume 760, Page 3775   View pdf image
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