Section 1771.2 Of Article 1. General Provisions From California Health And Safety Code >> Division 2. >> Chapter 10. >> Article 1.
1771.2
. (a) An entity shall apply for and hold a currently valid
permit to accept deposits before it may enter into a deposit
agreement or accept a deposit.
(b) A provider shall hold a currently valid provisional
certificate of authority or certificate of authority before it may
enter into a continuing care contract.
(c) Before a provider subcontracts or assigns to another entity
the responsibility to provide continuing care, that other entity
shall have a current and valid certificate of authority. A provider
holding a certificate of authority may contract for the provision of
a particular aspect of continuing care, such as medical care, with
another entity that does not possess a certificate of authority, if
that other entity is appropriately licensed under laws of this state
to provide that care, and the provider has not paid in advance for
more than one year for that care.
(d) If an entity enters into an agreement to provide care for life
or for more than one year to a person under 60 years of age in
return for consideration, and the agreement includes the provision of
services to that person after age 60, when the person turns 60 years
of age, the promising entity shall comply with all the requirements
imposed by this chapter.