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NEW MEXICO STATUTES AND CODES
Section 24-1E-6 - Termination of receivership.
24-1E-6. Termination of receivership.
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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