DETROIT - As one of the few major museums owned by a U.S. municipality, the Detroit Institute of Arts has landed in the crossfire of the country’s largest municipal bankruptcy.

“It’s a quirk of history that we’re owned by the city of Detroit,” Graham Beal, the director of the DIA, said Thursday in an interview with The Bond Buyer. “There’s no legal precedent for what’s happening here, and politics are involved, so the level of uncertainty is great.”

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