§ 35-2-1106 — Termination of receivership

(a) The court, upon a motion by the receiver, the health
care facility or the owner of the physical facility, may
terminate the receivership if:
(i) The receivership is no longer necessary because
the conditions which gave rise to the receivership no longer
exist;
(ii) All of the residents in the facility have been
transferred or discharged and the facility is ready to be
closed; or
(iii) The owner of the physical facility or the
health care facility enters into a lease or sale agreement with
a prospective operator of the facility who is licensed or can be
licensed by the department and who in the judgment of the
department will likely remedy the cause of the receivership.
(b) In its termination order, the court may include terms
it deems necessary to prevent the future occurrence of the
conditions upon which the receivership was ordered.