Section 17 Adjustment of rates upon petition of receiver

Section 17. Upon petition of a receiver appointed under section seventy-two N of chapter one hundred and eleven, the executive office shall, in accordance with 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.