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Current as of January 01, 2025 | Updated by Findlaw Staff
A petition for receivership shall include the name of the candidate for receiver. The department shall maintain a list of qualified persons to act as receivers, however, no person may be considered to be qualified to be a receiver who:
(1) Is the owner, licensee, or administrator of the facility;
(2) Is affiliated with the facility;
(3) Has a financial interest in the facility at the time the receiver is appointed; or
(4) Has owned or operated a nursing home that has been ordered into receivership.
If a receiver is appointed, he or she may be drawn from the list but need not be, but an appointee shall have experience in providing long-term health care and a history of satisfactory operation of a nursing home. Preference may be granted to persons expressing an interest in permanent operation of the facility.
Cite this article: FindLaw.com - Washington Revised Code Title 18. Businesses and Professions § 18.51.430. Receivership--Persons qualified to act as receiver - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-18-businesses-and-professions/wa-rev-code-18-51-430/
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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