Wisconsin § 647.06 Receivership or liquidation.

Wisconsin Statutes

§ 647.06 — Receivership or liquidation.

Wisconsin § 647.06

Ch. 647Continuing care contracts

This text of Wisconsin § 647.06 (Receivership or liquidation.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 647.06 (2026).

Text

06
06(1) (1) A petition for appointment of a receiver or liquidator for a facility may be filed by a resident, a resident’s guardian or the commissioner in the circuit court for the county in which the facility is located. If the court determines, after notice to the provider and a hearing, that a provider is not able to meet the terms of its continuing care contracts and other obligations, the court may appoint a receiver or liquidator and may set forth the powers, duties, compensation and liabilities of the receiver or liquidator.
06(2) (2) Any provider who voluntarily seeks to liquidate a facility shall notify the commissioner in advance.

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647.06
647.06(1) (1) A petition for appointment of a receiver or liquidator for a facility may be filed by a resident, a resident’s guardian or the commissioner in the circuit court for the county in which the facility is located. If the court determines, after notice to the provider and a hearing, that a provider is not able to meet the terms of its continuing care contracts and other obligations, the court may appoint a receiver or liquidator and may set forth the powers, duties, compensation and liabilities of the receiver or liquidator.
647.06(2) (2) Any provider who voluntarily seeks to liquidate a facility shall notify the commissioner in advance.