1. (a)

   1. (1) The owner or operating entity or receiver of a nursing home or community program may petition the court to terminate the receivership.

   2. (2) The court shall terminate the receivership, if the court finds:

      1. (i) The grounds for appointment of the receiver under Part V of this subtitle no longer exist; or
      2. (ii) The nursing home or community program is ready to be closed because all residents have been moved.

2. (b) A receivership ends automatically 1 year after the court appoints the receiver, unless the court:

   1. (1) Terminates the receivership sooner; or
   2. (2) On petition of the Secretary, extends the receivership for an additional 1-year period because the court finds that the grounds for appointment of a receiver under Part V of this subtitle still exist.
3. (c) The sale of a nursing home or site for a community program or any of its assets does not terminate a receivership of the nursing home or community program.

Added by Acts 1982, c. 21, § 2, eff. July 1, 1982. Amended by Acts 1988, c. 262, § 1, eff. July 1, 1988; Acts 1989, c. 109, § 1, eff. July 1, 1989.

Formerly Art. 43, § 560B.