New Mexico Statutes
§ 24A-2-7 — Termination of receivership
New Mexico § 24A-2-7
This text of New Mexico § 24A-2-7 (Termination of receivership) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 24A-2-7 (2026).
Text
The receivership shall terminate when the conditions that led to its establishment, and any other conditions that constitute grounds for establishment of a receivership, have ceased to exist. If the health facility is insolvent or otherwise financially distressed, the receivership shall terminate upon filing of federal bankruptcy proceedings, unless the district court orders otherwise.
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Legislative History
1978 Comp., § 24-1E-6, enacted by Laws 1996, ch. 35, § 9; recompiled as §
Nearby Sections
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Short title§ 24A-1-11
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Powers and duties§ 24A-1-4
Records confidentialCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 24A-2-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/24A/24A-2-7.