12 CFR §51.5
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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.