Section 210 ILCS 46/3-515 - Termination of receivership The court may terminate a receivership:
(a) If the time period specified in the order appointing the receiver elapses and is not extended;(b) If the court determines that the receivership is no longer necessary because the conditions which gave rise to the receivership no longer exist; or the Department grants the facility a new license, whether the structure of the facility, the right to operate the facility, or the land on which it is located is under the same or different ownership; or(c) If all of the residents in the facility have been transferred or discharged. Before terminating a receivership, the court may order the Department to require any licensee to comply with the recommendations of the receiver made under subsection (k) of Section 3-508. A licensee may petition the court to be relieved of this requirement.Added by P.A. 099-0180,§ 3-515, eff. 7/29/2015.