---
kind: "section"
citation: "12 C.F.R. § 51.5"
title: "12"
number: "51.5"
heading: "Order of priorities."
url: "https://uscodex.org/cfr/12/51.5"
---

# §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.**

## Notes

### Authority

Authority: 12 U.S.C. 16, 93a, 191-200, 481, 482, 1831c, and 1867.

### Source

Source: 81 FR 92602, Dec. 20, 2016, unless otherwise noted.