* § 4655. Certificate of authority required; application and approval.\n1. No person shall construct, expand, acquire, maintain, or operate a\nfee-for-service continuing care retirement community, or enter into a\ncontract as an operator, or solicit the execution of any contract for\nfee-for-service continuing care retirement community services to be\nprovided within the state or advertise itself or otherwise hold itself\nas a "fee-for-service continuing care retirement community", without\nobtaining a certificate of authority pursuant to this article; provided,\nhowever, nothing in this subdivision shall prohibit a person, authorized\npursuant to section forty-six hundred seventy-four or forty-six hundred\nseventy-five of this article, from entering into priority reservation\nagreements, soliciting, collecting or receiving priority reservation\nfees, or constructing and maintaining sales offices and model units with\nrespect to a proposed fee-for-service continuing care retirement\ncommunity. Such facility shall obtain approval to utilize residential\nhealth care facility beds authorized under subdivision five of section\nforty-six hundred four of this chapter and/or shall meet such other\nconditions for acquisition of the residential health care facility beds\nas the commissioner may determine.\n 2. In order to receive a certificate of authority to enter into\ncontracts with respect to a particular community, a person or persons,\nhereinafter designated as the applicant, shall apply for a certificate\nof authority on forms prescribed by the commissioner and, in addition,\nshall submit the following:\n a. a feasibility study, including a market analysis describing the\ncharacteristics of the population to be served;\n b. an initial disclosure statement as provided pursuant to section\nforty-six hundred fifty-seven of this article;\n c. a copy of the proposed forms of contracts to be entered into with\nresidents of the community;\n d. complete details of any agreements with a licensed insurer,\nincluding copies of proposed contracts, requiring the insurer to assume,\nwholly or in part, the cost of medical or health related services to be\nprovided to a resident pursuant to a fee-for-service continuing care\ncontract;\n e. a copy of each of the basic organizational documents and agreements\nof the applicant of all participating entities;\n f. a copy of the bylaws, rules and regulations, and internal governing\ndocuments of the applicant;\n g. architectural program and sketches for the community;\n h. the proposed community plan, including the number of independent\nliving units, skilled nursing facility beds, adult care facility beds,\nif any, and a description of other social and health services provided\nby the community;\n i. copies of such financial and personal disclosure information as\nrequired by the council for the applicant and members of the board,\nofficers, and controlling persons of the proposed fee-for-service\ncontinuing care retirement community, including:\n (i) information necessary for the determination by the council of\ncharacter, competence and experience, where information adequate to make\nsuch determinations is not otherwise available to the council,\n (ii) a list of continuing care retirement communities, fee-for-service\ncontinuing care retirement communities, adult care facilities and health\ncare facilities owned or operated by the applicant, by any controlling\npersons of the applicant, or by entities with which the members of the\napplicant's board are affiliated; the address of each such facility; and\nthe dates of ownership or operation of each such facility,\n (iii) in the event that any such community or facility specified in\nthis subdivision, while under the control or operation of the applicant,\nor any controlling person, has been subjected to a limitation,\nwithdrawal, or refusal to grant accreditation by a recognized\naccreditation organization, because of failure to comply
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