Indiana Code 16-28-8-7. Costs of receivership; receiver who is a state employee; state paid cost of receivership preferred
Terms Used In Indiana Code 16-28-8-7
(c) Any cost of receivership paid by the state for the receivership of a health facility is a preferred claim against the receivership estate. The state may file a claim against the health facility or the health facility’s assets and resources for recovery of any administrative expense incurred by the state under this chapter.
(d) Any asset or resource of the health facility may be used to:
(1) fund the cost of receivership; and
(2) reimburse any expenditure made by the state under this chapter.
As added by P.L.210-1999, SEC.3. Amended by P.L.29-2002, SEC.3.
