2010 Maine Code
TITLE 34-B: MENTAL HEALTH, MENTAL RETARDATION AND SUBSTANCE ABUSE SERVICES (HEADING: PL 1995, c. 560, Pt. K, @7 (rpr))
Chapter 13: APPOINTMENT OF RECEIVERS
34-B §13005. Termination of receivership
§13005. Termination of receivership
The receivership terminates when the court certifies that the conditions that prompted the appointment are corrected or, in the case of a discontinuance of operation, when the residents or clients are safely relocated. The court shall review the necessity of the receivership at least semiannually. [1997, c. 610, §3 (NEW).]
A receivership may not be terminated in favor of the former or the new licensee, unless that person assumes all obligations incurred by the receiver and provides collateral or other assurances of payment considered sufficient by the court. [1997, c. 610, §3 (NEW).]
SECTION HISTORY
1997, c. 610, §3 (NEW).
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
