12 CFR § 51.5 - Order of priorities.

---
identifier: "/us/cfr/t12/s51.5"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 51.5 - Order of priorities."
title_number: 12
title_name: "Banks and Banking"
section_number: "51.5"
section_name: "Order of priorities."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "51"
part_name: "RECEIVERSHIPS FOR UNINSURED NATIONAL BANKS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 16, 93a, 191-200, 481, 482, 1831c, and 1867."
regulatory_source: "81 FR 92602, Dec. 20, 2016, unless otherwise noted."
cfr_part: "51"
---


# 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.