N.M. Stat. § 24-1E-6
§ 24-1E-6. Termination of receivership
Year: 2026Length: 54 words
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.