# Continuity Receivership **Domain:** Insolvency / Continuity Governance / Public Administration **Doc Type:** Canonical Institutional Concept **Maturity:** Proposed ## Definition **Continuity receivership is a protected resolution process that preserves essential custody and service while a failed continuity provider is transferred, reorganized or wound down.** Its first task is preservation of subjects and state, not maximization of ordinary asset liquidation. ## Functions A receiver should have authority and resources to stabilize infrastructure, secure records and keys, continue the [[wiki/Minimum Viable Continuity|minimum service floor]], freeze unauthorized changes, inventory state and contracts, communicate with subjects or representatives, evaluate successor custodians and execute [[wiki/Orderly Transfer|Orderly Transfer]]. The protected inventory must include the operative [[wiki/Continuity Election|Continuity Election]], its [[wiki/Continuity Election Registry|registry]] pointer, version and revocation history, and the provenance needed to authenticate it. Resolution cannot treat a directive as an ordinary assignable customer term or activate a dormant package merely to improve sale value. The receiver must remain accountable. Emergency powers require logging, conflict controls, independent review and a prohibition on using resolution to merge identities, change governing instruments or convert custody into ownership. ## Structural Precedent Insurance receivership offers an existing pattern: a regulator or court-supervised receiver coordinates claim handling, continued coverage, runoff or transfer while guaranty mechanisms provide bounded protection. The analogy is functional, not legal identity. No present receivership statute is designed for computational persons. ## Key Insight **Resolution must preserve the duty relationship long enough to transfer it; otherwise insolvency procedure becomes a termination mechanism.** ## Sources / Provenance - [NAIC Receivers' Handbook for Insurance Company Insolvencies](https://content.naic.org/sites/default/files/publication-rec-bu-receivers-handbook-insolvencies.pdf). - [NAIC Guaranty Associations and Funds](https://content.naic.org/cipr-topics/guaranty-associationsfunds). <!-- BEGIN DEEP TIME CONTINUITY INTERFACE --> ## Deep-Time Continuity Interface This node is audited through [[wiki/Deep Time Continuity|Deep Time Continuity]] for future control-surface conversion, ontological drift, succession, irreversibility, due process, and resource incidence. The backlink records analytical relevance; it does not establish continuity intent in the present rule or institution. <!-- END DEEP TIME CONTINUITY INTERFACE -->