HB195 (2015) Detail

Relative to continuing care communities.


HB 195 - AS INTRODUCED

2015 SESSION

15-0471

01/10

HOUSE BILL 195

AN ACT relative to continuing care communities.

SPONSORS: Rep. Hunt, Ches 11; Rep. Butler, Carr 7; Sen. Pierce, Dist 5

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill clarifies the procedures for liquidating or rehabilitating a continuing care community.

This bill is a request of the insurance department.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0471

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT relative to continuing care communities.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Paragraph; Continuing Care Communities; Rehabilitation or Liquidation. Amend RSA?420-D:16 by inserting after paragraph V the following new paragraph:

VI. Any liquidation or rehabilitation by the commissioner of a facility shall proceed consistent with the provisions of RSA 402-C, except where inconsistent with the provisions of this section.

2 Effective Date. This act shall take effect upon its passage.