Conservatorship

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Conservatorship

An entity either set up by the government or by court order that takes control of an organization that is unable to function on its own (due to legal or financial distress). See: Conservator
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FHFA also reported that the GSEs have reduced the number of senior executives at each of the firms by roughly one fourth, going from 91 prior to conservatorship to 70 currently.
Dick Ensweiler, president/CEO of the Texas Credit Union League, has said conservatorships in the Lone Star State are very rare and overall, credit unions there are well-capitalized and healthy.
Lockhart, made positive comments about the financial health of Fannie Mae and Freddie Mac in July of 2008, just two months prior to the creation of the conservatorship.
This edition has added practice tips, comments, and forms, analysis of new cases interpreting Oregon's guardianship and conservatorship statutes, and discussions of amendments and additions to those statutes, including the Uniform Adult Guardianship and Protective Proceeding Jurisdiction Act.
The issue on the table is whether to end the conservatorship over Britney, the person.
After more than a year of bizarre behaviour and two stints in a psychiatric hospital this year, Spears was placed under a conservatorship by the Los Angeles County Superior Court commissioner at the beginning of February.
Commissioner Reva Goetz told a packed LA courtroom: "It's in the best interests of the conservatee to have conservatorship over her person.
Conservatorships are established to allow a person or institution to take over and protect the interests of someone who is not able to administer his or her own affairs.
Lending under the program was slight--only two S&Ls in conservatorship borrowed--but the program offers another example of the cooperative action of federal banking authorities to avert potential systemic crises.
banking structure, with particular focus on changes since 1987 affecting receiverships, conservatorships, and bridge banks.
Afternoon sessions covered a wide variety of topics, including privacy protection and identity theft prevention for seniors, health insurance (including Medicare Part D), elder financial abuse, conservatorships, real estate scams, law enforcement efforts, consumer protection, and many other issues.
com, a comprehensive website that provides individuals and family members quick and easy access to basic information, definitions and forms relating to probate matters such as estates and guardianships, including estate planning, probating wills, administrations, guardianships of persons, conservatorships and fiduciary services within Georgia.