{"data":{"id":"us/12-cfr-51.5","jurisdiction":"us","citation":"12 CFR 51.5","heading":"Order of priorities.","body":"The OCC will pay receivership expenses and proved claims against the uninsured bank in receivership in the following order of priority:\n(a) Administrative expenses of the receiver;\n(b) Unsecured creditors of the uninsured bank, including secured creditors to the extent their claim exceeds their valid and enforceable security interest;\n(c) Creditors of the uninsured bank, if any, whose claims are subordinated to general creditor claims; and\n(d) Shareholders of the uninsured bank.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 51—RECEIVERSHIPS FOR UNINSURED NATIONAL BANKS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"fdf59cf54caf394bcfabbf516492759d2830c50dbbf8c1f73966e065d4518d02","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-51.4","next":"us/12-cfr-51.6"},"notice":"GroundRules: Original legal text. Not legal advice."}
