The national depositor preference law

Thomson, James B.
February 1994
Economic Commentary;2/15/94, p1
Trade Publication
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.


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