§ 8-704. Insolvent banks; Federal Deposit Insurance Corporation subrogated to depositors' rights. — United States — Nebraska law | Esheria

§ 8-704. Insolvent banks; Federal Deposit Insurance Corporation subrogated to depositors' rights.

When a closed bank’s insured deposits are paid or made available for payment by the FDIC, the FDIC is subrogated to the depositors’ rights against that bank.

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Jurisdiction
United States — Nebraska
Instrument
Act or statute
Version
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Language
en
Updated
Official source
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bank resolution deposit insurance insolvency

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