Illinois Code § 210 ILCS 45/3-515

The court may terminate a receivership:
Open in Lexace · Ask the AI about this section
(a) If the time period specified in the order 
 
appointing the receiver elapses and is not extended;

 
 
(b) If the court determines that the receivership is 
 
no longer necessary because the conditions which gave rise to the receivership no longer exist; or the Department grants the facility a new license, whether the structure of the facility, the right to operate the facility, or the land on which it is located is under the same or different ownership; or

 
 
(c) If all of the residents in the facility have been 
 
transferred or discharged.

 
Before terminating a receivership, the court may order the Department
to require any licensee to comply with the recommendations of the receiver
made under subsection (k) of Section 3-508. A licensee may petition the
court to be relieved of this requirement.

appointing the receiver elapses and is not extended;
no longer necessary because the conditions which gave rise to the receivership no longer exist; or the Department grants the facility a new license, whether the structure of the facility, the right to operate the facility, or the land on which it is located is under the same or different ownership; or
transferred or discharged.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.