(a)      (1)      An order to rehabilitate a continuing care provider shall:

                  (i)      Appoint the Secretary as rehabilitator;

                  (ii)      Direct the Secretary:

                        1.      To take possession of the property of the continuing care provider and conduct the business of the continuing care provider under the general supervision of the court; and

                        2.      To take action the court directs to remove the causes and conditions that have made rehabilitation necessary;

                  (iii)      Vest title to all property of the continuing care provider in the rehabilitator; and

                  (iv)      Require the rehabilitator to make accountings to the court that:

                        1.      Are at intervals as the court specifies in its order, but not less frequently than two times each year; and

                        2.      Include the opinion of the rehabilitator about the likelihood of success of the rehabilitation.

            (2)      Issuance of an order of rehabilitation:

                  (i)      Does not constitute an anticipatory breach of any contract of the continuing care provider; and

                  (ii)      Is not grounds for retroactive revocation or retroactive cancellation of a contract of the continuing care provider, unless the rehabilitator revokes or cancels the contract.

      (b)      (1)      Subject to paragraph (2) of this subsection, the Secretary, or an interested person on due notice to the Secretary, may apply to the court at any time for an order that:

                  (i)      Terminates a rehabilitation proceeding; and

                  (ii)      Allows the continuing care provider to resume possession of its property and the conduct of its business.

            (2)      An order under this subsection may not be issued unless, after a hearing, the court determines that the purposes of the rehabilitation proceeding have been fully accomplished.

      (c)      (1)      An order to liquidate the business of a continuing care provider shall direct the Secretary promptly to:

                  (i)      Take possession of the property of the continuing care provider;

                  (ii)      Liquidate the business of the continuing care provider;

                  (iii)      Deal with the property and business of the continuing care provider in the name of the Secretary or in the name of the continuing care provider, as the court directs; and

                  (iv)      Notify each creditor that may have a claim against the continuing care provider to present the creditor's claim.

            (2)      The Secretary may apply for, and the court may issue, an order to dissolve the corporate existence of a continuing care provider:

                  (i)      On application of the Secretary for an order to liquidate the continuing care provider; or

                  (ii)      At any time after the court has granted the order of liquidation.

      (d)      An order to conserve the assets of a continuing care provider shall require the Secretary promptly to take possession of and conserve the property of the continuing care provider in the State, subject to further direction by the court.