Indiana Statutes
§ 23-2-4-21 — Commissioner; petition for appointment of receiver
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 2 SECURITIES AND FRANCHISES·Ch. 4 Supervision of Continuing Care Contracts
If the commissioner has reason to believe that
a continuing care retirement community is insolvent, the commissioner
may petition the superior or circuit court of the county in which the
continuing care retirement community is located, or the superior or
circuit court of Marion County, for the appointment of a receiver to
assume the management and possession of the continuing care
retirement community and its assets.
As added by Acts 1982, P.L.145, SEC.1. Amended by
P.L.153-2009, SEC.14.
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Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"