Florida Statute 651.019 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 651
CONTINUING CARE CONTRACTS

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F.S. 651.019

651.019 New financing, additional financing, or refinancing.—

(1)(a) A provider shall provide a written general outline of the amount and the anticipated terms of any new financing or refinancing, and the intended use of proceeds, to the residents’ council at least 30 days before the closing date of the financing or refinancing transaction. If there is a material change in the noticed information, a provider shall provide an updated notice to the residents’ council within 10 business days after the provider becomes aware of such change.

(b) If the facility does not have a residents’ council, the facility must make available, in the same manner as other community notices, the information required under paragraph (a).

(2) Within 30 days after the closing date of such financing or refinancing transaction, the provider shall submit to the office copies of executed financing documents, escrow or trust agreements prepared in support of such financing or refinancing transaction, and a copy of all documents required to be submitted to the residents’ council under paragraph (1)(a).

History.—ss. 3, 16, ch. 91-98; s. 12, ch. 93-22; s. 1668, ch. 2003-261; s. 4, ch. 2019-160.

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Amendments to 651.019

Arrestable Offenses / Crimes under Fla. Stat. 651.019

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 651.019.

Annotations, Discussions, Cases:

Cases Citing Statute 651.019

Total Results: 2

General Development Corporation v. Kirk

Court: District Court of Appeal of Florida | Date Filed: 1971-07-14

Citation: 251 So. 2d 284, 1971 Fla. App. LEXIS 6131

Snippet: Kentucky Utilities Co., 1968, 390 U.S. 1, 88 S.Ct. 651, 19 L.Ed.2d 787; Flast v. Cohen, 1968, 392 U.S. 83

Florida Central & Peninsular Railroad v. Foxworth

Court: Supreme Court of Florida | Date Filed: 1899-01-15

Citation: 41 Fla. 1

Snippet: St. Paul Ry. Co., 31 Minn. 526, 18 N. W. Rep. 651, 19 Am. & Eng. R. R. Cas. 305; Hinkle v. Richmond &