A. All claims against the bank's estate, proved to the satisfaction of the FDIC as receiver or approved by the receivership court, shall be paid in the following order:\n1. Administration expenses of the liquidation;\n2. Claims given priority under other provisions of state or federal law;\n3. Deposit obligations;\n4. Other general liabilities;\n5. Debt subordinated to the claims of depositors and general creditors; and\n6. Equity capital securities.\nB. No interest on any claim shall be paid until all claims within the same class have received the full principal amount of claim.\n1983, c. 507, § 6.1-110.9; 2010, c. 794.
Virginia Legal Code