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Last year, Benedict took the step of placing the entire order under Vatican receivership.
He put off paying artists and at the time of his arrest in 1967 was on the brink of receivership.
In 2008 the tottering companies were bailed out by the Treasury and placed in "conservatorship", a sort of receivership that puts their regulator in control of their affairs.
"Our cities — and it ain't just Lansing — our cities are stumbling, many of them, on the edge of receivership," he said.
Mr. Boeri said that if Italy had to seek the aid, "it would have to be put under some kind of receivership.
They want the Judge to impose a sort of receivership on the police, creating a dual internal authority as a check on the existing leadership.
In Sept., 1975, the city's finances were taken over by the Financial Control Board, & the city existed for several years in a kind of receivership.
But he said he saw no alternative for the city of 178,000 short of receivership, which would allow for a bankruptcy filing.
Each being equal and consistent with the intent of the artist, the decision as to condition rests with the receiver upon the occasion of receivership.
Seatem House was sold out of receivership.
The FDIC expects to solicit bids for this sale of receivership assets in July.
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