Okla. Stat. tit. 56, § 56-1030.2: Notice and hearing - Appointment of receiver -

Reimbursement of receiver - Liability for debts - Competitive

bidding not required.

A. The court shall hold a hearing within five (5) days of the

filing of the petition. The petition and notice of the hearing

shall be served by the petitioner on the owner, administrator or

designated agent of the agency, and the Oklahoma Health Care

Authority. The petition and notice shall be posted in a conspicuous

place in the agency not later than three (3) days before the time

specified for the hearing, unless a different time limit is fixed by

order of the court.

B. The court may appoint a receiver ex parte pending the

hearing if the Department of Human Services provides testimony,

under oath, that there has been a loss of life or a life-endangering

situation exists for which an adequate remedy at law does not exist.

Following the hearing on the petition, and upon a determination that

the appointment of a receiver is warranted, the court may then

appoint a different receiver or extend the term of the ex parte

receiver.

C. When the operating revenue of a residential agency in

receivership is insufficient to meet its operating expenses,

including the cost of bringing the agency and residences into

compliance with state or federal laws or rules or regulations or

provisions of the agency's contract, or to protect the health and

safety of the residents, the operator shall be deemed insolvent.

The Department of Human Services may reimburse the receiver for

those expenses from funds available for such uses and expenses.

D. The receiver, the Department of Human Services and the

Oklahoma Health Care Authority are not liable for debts incurred by

the owner or operator of an agency providing community residential

services for which a receiver has been appointed.

E. Notwithstanding any other provision of law, contracts that

are necessary to carry out the powers and duties of the receiver

need not be competitively bid.