§ 721.
89 words·~1 min read·
/usc/title-12/section-721A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The purpose of this part [enacting this provision] is to terminate the closed receivership fund by— providing final notice of availability of liquidating dividends to creditors of national banks which have been closed and for which the Comptroller has appointed a receiver other than the Federal Deposit Insurance Corporation; barring rights of creditors to collect liquidating dividends from the Comptroller of the Currency after a reasonable period of time following such final notice; and refunding to the Comptroller the principal amount of such fund and any income earned thereon.