NIGERIA DEPOSIT INSURANCE CORPORATION ACT, 2023

Section 58: Power to appoint agents.

2023Section 58 of 100Federal Republic of Nigeria

The Corporation may, when acting as liquidator of a failed insured institution or an insured institution that has commenced voluntary winding up, appoint an agent to assist it in the performance of its duties, and all fees, compensation and expenses of liquidation and administration thereof shall be fixed and paid by the Corporation from the realised assets of the failed institution.

Cite this section

Section 58, NIGERIA DEPOSIT INSURANCE CORPORATION ACT, 2023 (2023).

https://repo.podus.ai/laws/nigeria-deposit-insurance-corporation-act-2023/section/58/