23-10.1-04. Termination of receivership.

The receivership terminates when:

1. The receiver and the court certify the conditions that prompted the receivership are corrected;

2. The license to operate the mobile home park is restored;

3. A new license to operate a mobile home park is issued; or

4. The owner of the mobile home park discontinues operation and the residents of the mobile home park have secured other appropriate housing.