GroundRules
Utah Code § 31A-44-505: Termination of receivership.
Where this section sits in the code
- Title 31A Insurance Code
- Chapter 31A-44 Continuing Care Provider Act
- Part 31A-44-5 Rehabilitation and Liquidation
(1) A court may terminate a receivership of a provider's facility and order the return of the facility and the facility's assets to the provider if the court determines:
(a) the objectives of the receivership orders have been accomplished; and
(b) termination of the receivership will not jeopardize the interests of the facility's residents, creditors, owners, or the public.
(2) A court may enter an order under this section after the court enters:
(a) a full report and accounting of the conduct of the facility's affairs during the rehabilitation; and
(b) a report on the facility's financial condition.
Collected 2026-09-03T11:34:33Z. Source file · JSON