(a) The appointing court may terminate a receivership if:
(1) the court determines that the receivership is no longer necessary because the conditions that gave rise to the receivership no longer exist;
(2) the department has entered into a new contract with a single-source continuum contractor and that contractor is ready and able to assume the duties of the single-source continuum contractor under receivership; or
(3) the department is ready and able to assume the duties of the single-source continuum contractor under receivership.
(b) Not later than the 60th day after the date a receivership is terminated or expires under this subchapter, unless such time is extended by order of the appointing court, the receiver shall file with the clerk of the appointing court a full and final and sworn account of:
(1) all property received by the receiver;
(2) all money collected and disbursed; and
(3) the expenses of the receivership.
Official text of the Texas Family Code as published by the Texas Legislative Council.