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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A receiver shall not take any actions or assume any responsibilities inconsistent with the purposes of this subchapter or the duties specifically provided for in this section.
(b) Unless otherwise ordered by the court and subject to the limitations provided for in sections 7208 through 7211 of this chapter, the receiver appointed under this subchapter shall:
(1) notify residents of the receivership and shall provide written notice by first-class mail to the last known address of the next of kin after the facility is placed in receivership;
(2) operate the facility;
(3) remedy the conditions that constituted grounds for the receivership;
(4) remedy violations of State rules and federal regulations governing the operation of the facility;
(5) protect the health, safety, and welfare of the residents, including the correction or elimination of any deficiency of the facility that endangers the safety or health of the residents;
(6) preserve the assets and property of the residents, the owner, and the licensee;
(7) hire, direct, manage, and discharge any employees, including the administrator or manager of the facility;
(8)(A) apply the revenues of the facility to current operating expenses;
(B) receive and expend in a reasonable and prudent manner the revenues of the facility due during the 30-day period preceding the date of appointment and becoming due thereafter; and
(C) to the extent possible, apply the revenues of the facility to debts incurred by the licensee prior to the appointment of the receiver;
(9) continue the business of the facility and the care of residents;
(10) file monthly reports containing information as required by the licensing agency to the owner and the licensing agency; and
(11) exercise such additional powers and perform such additional duties as ordered by the court.
Cite this article: FindLaw.com - Vermont Statutes Title 33. Human Services, § 7207. Powers and duties of receiver - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-33-human-services/vt-st-tit-33-sect-7207/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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