New York Laws
Article 46-A - Fee-for-Service Continuing Care Retirement Communities Demonstration Program
4658 - Annual Statement.

(i) notes to the financial statements considered customary or
necessary to ensure full disclosure of the financial statements,
financial condition, and operation; and
(ii) an accountant's opinion and, in accordance with generally
accepted accounting principles: (A) a balance sheet, (B) a statement of
income and expenses, (C) a statement of equity or fund balances, and (D)
a statement of changes in financial position;
c. A detailed listing of the assets maintained for the reserves; and
d. Such other reasonable financial and other information as the
council may require with respect to the operator or the community, or
its directors, controlling persons, trustees, members, branches,
subsidiaries or affiliates to determine the financial status of the
community and the management capabilities of the operator.
3. Sixty days before commencement of each calendar or fiscal year or
official opening date, whichever is applicable, each operator shall file
with the commissioner a computation of the annual long-term debt service
and a projected annual revenue and expense summary for the next ten
years.
* NB There are 2 § 4658's