Whenever the federal deposit insurance corporation pays or makes available for payment the insured deposit liabilities of a bank, the federal deposit insurance corporation, whether or not it acts as receiver, shall be subrogated to the extent of the payments to all rights of depositors against the bank.
Effective Date: 01-01-1997
Section: Previous 1125.19 1125.20 1125.21 1125.22 1125.23 1125.24 1125.25 1125.26 1125.27 1125.28 1125.29 1125.30 1125.33 1125.99 NextLast modified: October 10, 2016