administrative expenses of the receiver

(1) Administrative expenses of the receiver The term “administrative expenses of the receiver” includes— (A) the actual, necessary costs and expenses incurred by the Corporation as receiver for a covered financial company in liquidating a covered financial company; and (B) any obligations that the Corporation as receiver for a covered financial company determines are necessary and appropriate to facilitate the smooth and orderly liquidation of the covered financial company.

Source

12 USC § 5381(a)(1)


Scoping language

None identified. Default scope is assumed to be the entire title.
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