34-12-40. Continuing care agreement defined.For the purposes of §§34-12-40 to 34-12-47, 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 §34-12-1.1, for the duration of the person's life, in consideration for an entrance fee paid to the provider. Source: SL 1998, ch 206, §1.
South Dakota Legal Code