<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 34-12-40 - Continuing care agreement defined. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2056452Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2056452SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2056452CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2056452Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2056452DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2056452000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2056452SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2056452SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2056452Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-12-40"><span class="s2056452SENU">34-12-40</span></a><span xml:space="preserve" class="s2056452SENU">. </span><span class="s2056452CL">Continuing care agreement defined.</span></p><p dir="ltr" class="s2056452Normal-000000"><span xml:space="preserve" class="s2056452DefaultParagraphFont">For the purposes of §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-12-40"><span class="s2056452DefaultParagraphFont">34-12-40</span></a><span xml:space="preserve" class="s2056452DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-12-47"><span class="s2056452DefaultParagraphFont">34-12-47</span></a><span xml:space="preserve" class="s2056452DefaultParagraphFont">, inclusive, a continuing care agreement is an agreement to provide a person board and lodging, in addition to care in a nursing facility or assisted living center, as defined in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-12-1.1"><span class="s2056452DefaultParagraphFont">34-12-1.1</span></a><span class="s2056452DefaultParagraphFont">, for the duration of the person's life, in consideration for an entrance fee paid to the provider.</span></p><p dir="ltr" class="s2056452Normal"><span xml:space="preserve" class="s2056452000001"> </span></p><p dir="ltr" class="s2056452Normal"><span class="s2056452SCL">Source:</span><span xml:space="preserve" class="s2056452SCL-000002"> SL 1998, ch 206, § 1.</span></p></div></body></html>