§ 608 Liquidation Expense Compensation Rules
A bank goes out of business and the government takes over to pay back customers.
The government boss decides how much to pay the workers helping to close the bank and give money back to customers. The workers' pay and other costs come from the bank's money. The boss must tell the court how much is being spent before paying customers their share.
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§ 608 Liquidation Expense Compensation Rules
Last verified: January 23, 2026