406 of 406 (f) 45 406 (b), (c) 44 406 (b) 44 Liquidation of insured institutions-Continued. Federal savings and loan associations Institutions other than Federal savings and loan associa- Insured members, payment to New Federal savings and loan associations, organization of. Purchase of assets and contribution not to exceed expense Receiver, Corporation appointed. Reimbursement to Corporation... Settlement of claims. 40 Public moneys, Corporation an authorized depositary of 402 (d) Federal savings and loan associations, organization of.... Prevent default by purchase of assets or contribution to insti tutions. Stock, capital. Subrogation of Corporation to surrendered insured accounts. Surrender of insured accounts to Corporation - - 402 (b) 39 E |