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§ 51.5 - Order of priorities.

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The OCC will pay receivership expenses and proved claims against the uninsured bank in receivership in the following order of priority:

Administrative expenses of the receiver;

Unsecured creditors of the uninsured bank, including secured creditors to the extent their claim exceeds their valid and enforceable security interest;

Creditors of the uninsured bank, if any, whose claims are subordinated to general creditor claims; and

Shareholders of the uninsured bank.

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§ 51.4 - Claims.
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§ 51.6 - Administrative expenses of receiver.