New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 370 - OVERSIGHT OF LICENSED HEALTHCARE FACILITIES AND COMMUNITY BASED WAIVER PROGRAMS
Part 7 - HEALTH FACILITY RECEIVERSHIP REQUIREMENTS
Section 8.370.7.12 - PROVISIONS SOUGHT IN AN ORDER GRANTING PETITION FOR HEALTH FACILITY RECEIVERSHIP
Current through Register Vol. 35, No. 18, September 24, 2024
The secretary will seek provisions in the order granting the petition pertaining to:
A. Prior approval from the district court for the sale or purchase of real property;
B. Periodic accounting to the court and the parties;
C. The posting of bond for the deputy receiver and the waiver of any such bonds;
D. Allocation of income and assets of the health facility to the receiver to carry out the purposes of the receivership;
E. Expansion and restrictions on the statutory authority granted to the receiver or deputy receiver;
F. The scope of the receivership estate; and,
G. Any other provisions deemed necessary to carry out the duties, authority and responsibilities of the deputy receiver, including provisions that may limit or expand the duties, authority and responsibilities.
