12 C.F.R. · Banks and Banking
12 C.F.R. § 51.5

Order of priorities.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 51.5 — Order of priorities.

§ 51.5 Order of priorities. The OCC will pay receivership expenses and proved claims against the uninsured bank in receivership in the following order of priority: (a) Administrative expenses of the receiver; (b) Unsecured creditors of the uninsured bank, including secured creditors to the extent their claim exceeds their valid and enforceable security interest; (c) Creditors of the uninsured bank, if any, whose claims are subordinated to general creditor claims; and (d) Shareholders of the uninsured bank.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR12-SEC-160CA5
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
12 C.F.R. § 51.5
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
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8136df4eefd23104...
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Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 51.5 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 12 12 C.F.R. § 51.5