Series 79: Shareholders

Taken from our Series 79 Top-off Online Guide

Shareholders

If there is money left over after all higher-priority claims, including general unsecured claims, are paid off, the debtor’s owners are paid. Preferred stockholders are paid first, up to the amount of the par value of the issue. In the unlikely event money remains after everyone else has been made whole, the claims of common stockholders are paid last.

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