1. (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:

   1. (a) the objectives of the receivership orders have been accomplished; and
   2. (b) termination of the receivership will not jeopardize the interests of the facility's residents, creditors, owners, or the public.

2. (2) A court may enter an order under this section after the court enters:

   1. (a) a full report and accounting of the conduct of the facility's affairs during the rehabilitation; and
   2. (b) a report on the facility's financial condition.

Amended by Chapter 271, 2023 General Session