California Health and Safety Code

§ 1793.54

HSC § 1793.54 Effective Jan 1, 1996Div. 2 · Ch. 10 · Art. 8

Statute text

If an administrator is appointed to rehabilitate a provider, the administrator may do any of the following:

(a)Take possession of and preserve, protect and recover any assets, books, records, or property of the provider, including, but not limited to, claims or causes of action belonging to, or which may be asserted by, the provider.

(b)Deal with the property in the administrator’s name in the capacity as administrator, and purchase at any sale any real estate or other asset upon which the provider may hold any lien or encumbrance or in which the provider may have an interest.

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Legislative history

Amended by Stats. 1995, Ch. 920, Sec. 67. Effective January 1, 1996.