Receivership or liquidation

Wis. Stat. § 647.06
in effect
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(1) A petition for appointment of a receiver or liquidator for a facility may be filed by a resident, a resident’s guardian or the commissioner in the circuit court for the county in which the facility is located. If the court determines, after notice to the provider and a hearing, that a provider is not able to meet the terms of its continuing care contracts and other obligations, the court may appoint a receiver or liquidator and may set forth the powers, duties, compensation and liabilities of the receiver or liquidator. (2) Any provider who voluntarily seeks to liquidate a facility shall notify the commissioner in advance.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/647.06Fetched: 10/7/2026