(2) In addition to the information required for an initial statement under ORS 101.050, the annual disclosure statement shall include:
(a) An audited financial statement prepared in accordance with generally accepted accounting principles for the preceding fiscal year;
(b) A disclosure of any change in ownership or manager;
(c) The frequency of residents’ council meetings and the dates of the meetings; and
(d) Copies of all notices of changes in regular periodic charges or notices of proposed changes in fees or services that were given to residents during the provider’s most recently completed fiscal year.
(3) To amend an annual disclosure statement, a provider shall file all amended documents and new materials with the department. [Formerly 101.130]
Structure 2021 Oregon Revised Statutes
Volume : 03 - Landlord-Tenant, Domestic Relations, Probate
Chapter 101 - Continuing Care Retirement Communities
Section 101.020 - Definitions.
Section 101.030 - Registration of continuing care retirement community providers.
Section 101.052 - Annual disclosure statement.
Section 101.080 - When resident eligible for refund of entrance fee; notice to resident.
Section 101.110 - Revocation of registration; findings.
Section 101.112 - Required meetings with residents; notice of change in fees or services.
Section 101.115 - Resident rights.
Section 101.120 - Power of department to prevent violations; cease and desist order; injunction.
Section 101.140 - Advisory council; membership; compensation; duties.
Section 101.150 - Duties of Department of Human Services; complaint procedure; rules.