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The goals away from receivership are to field the new assets from a failed organization, liquidate them, and you will spread the brand new continues for the institution’s loan providers. The new FDIC because the receiver succeeds for the legal rights, powers, and you will benefits of the organization and its stockholders, officials, and you will administrators. It might assemble the financial obligation and money as a result of the establishment, uphold otherwise liquidate its possessions and you will property, and you can perform all other reason for the college in line with its meeting.
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