Utah Code § 31A-44-505
Termination of receivership
Utah · Utah Code Title 31A — Insurance Code · Status: effective
Cite this
- Citation
- Utah Code § 31A-44-505, Termination of receivership, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2334500
- Permanent ID
ys:prov:2334500@1- SHA-256
aa21202c03782d9bb8cc32416ecd402762897f9026697833b5033ae67e77ddbf
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(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.