Mass. Gen. Laws ch. 118E § 13K

Current through Chapter 118 of the 2024 Legislative Session
Section 118E:13K - Adjustment of rates

Upon petition of a receiver appointed under section 72 N of chapter 111, the executive office shall, under regulations to be promulgated hereunder, adjust the facility's rate, if necessary, to insure compensation of the receiver and payment for a bond. Such adjustment shall not be in effect if the licensee is under the jurisdiction of the United States Bankruptcy Court.

Mass. Gen. Laws ch. 118E, § 13K

Added by Acts 2012, c. 224,§ 123, eff. 11/4/2012.