Illinois § 3-515 Termination of receivership

Illinois Statutes

§ 3-515 — Termination of receivership

Illinois § 3-515

JurisdictionIllinois

TopicREGULATION

Ch. 210HEALTH FACILITIES AND REGULATION

Act 210 ILCS 46/MC/DD Act.

Art.Part 5 - Monitors and Receivership

This text of Illinois § 3-515 (Termination of receivership) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

210 Ill. Comp. Stat. 3-515 (2026).

Text

The court may terminate a receivership:

(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 t

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The court may terminate a receivership: (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.