For a seven-day period beginning on the date a provider receives any payment from a prospective resident, a prospective resident shall have the right to rescind any contractual obligation into which he or she has entered and receive a full refund of any moneys transferred to the provider.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 93 - Continuing Care Providers
Subchapter 1 - Continuing Care Provider Regulation Act
§ 23-93-102. Legislative intent — Applicability
§ 23-93-106. Disclosure statement — Contents
§ 23-93-107. Disclosure statement — Review
§ 23-93-108. Continuing care contracts — Minimum requirements
§ 23-93-109. Right to rescind contracts
§ 23-93-110. Untrue, deceptive, or misleading statements prohibited
§ 23-93-111. Liquid refund reserve requirement