TITLE

The national depositor preference law

AUTHOR(S)
Thomson, James B.
PUB. DATE
February 1994
SOURCE
Economic Commentary;2/15/94, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the Omnibus Budget Reconciliation Act, 1993. Revision of the priority of claims on failed depository institutions; Superior or preferred claim of depositors on a failed bank's assets relative to that of other general creditors; Implementation by the Federal Deposit Insurance Corp. (FDIC); Way in which depositor preference restructure's a bank's liabilities.
ACCESSION #
9407062597

 

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