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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>61218</law_id><section_number>15.2-5382</section_number><catch_line>Receiver</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Other Governmental Entities</unit><unit label="chapter" level="3" order_by="1" identifier="53.1">Southwest Virginia Health Authority</unit></structure><text>
						<section><p>The <span class="dictionary">Authority</span> may, by its trust indenture given to secure <span class="dictionary">bond</span> <span class="dictionary">issues</span> or other obligations, provide for the appointment of a receiver of the <span class="dictionary">hospital</span> or health center or that part thereof acquired or constructed from funds received from a sale of <span class="dictionary">bonds</span> secured by the pledge of its revenues. If a receiver is appointed, he may enter, take <span class="dictionary">possession</span> of, operate, and maintain such <span class="dictionary">hospital</span> or health center or part thereof; collect and receive all fees, rents, revenues, or other charges arising therefrom in the same manner as the <span class="dictionary">Authority</span> might do; keep such moneys in a separate account or accounts; and apply the moneys in accordance with the obligations of the <span class="dictionary">Authority</span> as the <span class="dictionary">court</span> directs.</p></section></text><history>2007, c. 676.</history><metadata></metadata></law>
