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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) A provider may revise its disclosure statement at any time if, in the opinion of the provider, revision is necessary to prevent an otherwise current disclosure statement from containing a material misstatement of fact or omitting a material fact required to be stated therein. A provider that revises its disclosure statement for this purpose shall submit the revised disclosure statement to the Commissioner before delivery of the disclosure statement to any resident or prospective resident.
(b) If a disclosure statement is revised in accordance with this section or G.S. 58-64A-150(g), the cover page shall additionally be revised to reflect the revision date.
(c) Within five business days of receipt of a revised disclosure statement pursuant to this section, the Commissioner shall notify the provider in writing that the revised disclosure statement has been received and recorded and is considered to be the current disclosure statement for purposes of this Article. After sending this notification, the Commissioner shall post the revised disclosure statement on the Department's website within five business days. After receiving the Commissioner's notification, a provider revising its disclosure statement pursuant to this section shall make the revised disclosure statement available to all residents either in electronic or paper form.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-64A-165. Other revisions to disclosure statement - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-64a-165/
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