California § 1793.60. 1793.60. (Amended by Stats. 2011, Ch. 32, Sec. 16.)

California Statutes

§ 1793.60. — 1793.60. (Amended by Stats. 2011, Ch. 32, Sec. 16.)

California·Code HSC Health and Safety Code - HSC·Div. 2. DIVISION 2. LICENSING PROVISIONS·Ch. 10. CHAPTER 10. Continuing Care Contracts·Art. 8. ARTICLE 8. Appointment of Administrators

(a)If at any time the department determines that further efforts to rehabilitate the provider would not be in the best interest of the residents or prospective residents, or would not be economically feasible, the department may apply to the court for an order of liquidation and dissolution or may apply for other appropriate relief for dissolving the property and bringing to conclusion its business affairs.

(b)Upon issuance of an order directing the liquidation or dissolution of the provider, the department shall revoke the provider’s provisional certificate of authority or certificate of authority.

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(a)
If at any time the department determines that further efforts to rehabilitate the provider would not be in the best interest of the residents or prospective residents, or would not be economically feasible, the department may apply to the court for an order of liquidation and dissolution or may apply for other appropriate relief for dissolving the property and bringing to conclusion its business affairs.
(b)
Upon issuance of an order directing the liquidation or dissolution of the provider, the department shall revoke the provider’s provisional certificate of authority or certificate of authority.

California § 1793.60. (1793.60. (Amended by Stats. 2011, Ch. 32, Sec. 16.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.