RSA 151-H:8 Termination of Receivership.

I. After a hearing on the merits, the court may terminate a receivership under the following conditions:
(a) The department grants a license to operate the facility to the licensee divested of possession and control by the receiver;
(b) There is a transfer of ownership or management of the facility to a transferee approved for licensure by the department; or
(c) All residents of the facility have been provided appropriate alternative placements.
II. Notwithstanding the provisions of paragraph I of this section, a receivership shall not be terminated in favor of the former licensee, unless such person assumes all obligations incurred by the receiver and provides collateral or other assurance of payment.
III. If the receivership has not been terminated wi