If a person or business seeks financing for an assisted living community project, the cabinet shall provide written correspondence to the lender, upon request, to denote whether the architectural drawings and lease agreement conditionally comply with the provisions of KRS 194A.700 to 194A.729. The cabinet may promulgate administrative regulations to establish a fee that shall not exceed costs of the program to the cabinet, to be charged for the written correspondence to the lender.
KRS 194A.729
Cabinet to provide information to lending institutions relative to financing for assisted living community projects -- Fee
Effective: July 14, 2022 History: Amended 2022 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.