Article 64. Satisfaction of creditors' claims.

1. When a legal entity is liquidated, the claims of its creditors are satisfied in the following order:
first of all, the requirements of citizens are met, to whom the liquidated legal entity is responsible for causing harm to life or health, by capitalizing on the appropriate time-based payments, as well as on claims for compensation for non-pecuniary damage;
secondly, calculations are made for the payment of severance payments and the remuneration of persons working or working under an employment contract, and for the payment of remuneration under copyright agreements;
in the third place, calculations are made on obligatory payments to the budget and to extra-budgetary funds;
fourthly, settlements are made with other creditors.
When liquidating banks that raise funds from individuals, the claims of individuals who are creditors of banks under bank deposit agreements and / or bank account agreements concluded with them (except for claims of individuals for damages in the form of lost profits and the payment of amounts of financial sanctions and claims of individuals engaged in entrepreneurial activities without forming a legal entity, or claims of lawyers, notaries, if such accounts are open fish for the implementation of legal or entrepreneurial or professional activities of these persons), the requirements of the organization performing the functions of compulsory deposit insurance in connection with the payment of reimbursement of deposits in accordance with the law on insuring deposits of individuals in banks and the Bank of Russia in connection with the payment of deposits of individuals in banks in accordance with the law.
2. The claims of creditors of each turn are satisfied after the full satisfaction of the claims of creditors of the previous turn, with the exception of claims of creditors for obligations secured by a pledge of property of the liquidated legal entity.
The claims of creditors for obligations secured by the pledged property of the liquidated legal entity are satisfied at the expense of funds received from the sale of the pledged item, mainly to other creditors, except for obligations to creditors of the first and second stage, the rights of claim for which arose before the conclusion of the relevant pledge agreement.
Not satisfied at the expense of the funds received from the sale of the pledged item, the claims of the creditors for obligations secured by the pledge of the property of the liquidated legal entity are satisfied as part of the claims of the fourth-priority creditors.
3. In case of insufficiency of the property of the legal entity being liquidated, it shall be distributed among the creditors of the respective order in proportion to the amounts of claims to be satisfied, unless otherwise provided by law.
4. If the liquidation commission refuses to satisfy the creditor’s claims or evades consideration, the creditor has the right to file a lawsuit against the liquidation commission before the liquidation balance sheet of the legal entity is approved. By a court decision, the creditor’s claims may be satisfied at the expense of the remaining property of the legal entity being liquidated.
5. The creditor’s claims, filed after the expiration of the period established by the liquidation commission for their presentation, shall be satisfied from the property of the legal entity being liquidated, which remained after the claims of the creditors declared in due time.
6. The claims of the creditors, not satisfied due to the insufficiency of the property of the liquidated legal entity, shall be considered to be repaid. Claims of creditors that are not recognized by the liquidation commission are considered to be repaid if the creditor did not file a lawsuit in court, as well as claims that were denied to the creditor by a court decision.

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Links to other articles of chapter 4. Legal entities:
Article 48. The concept of a legal entity.
Article 49. Legal capacity of a legal entity.
Article 50. Commercial and non-profit organizations.
Article 51. State registration of legal entities.
Article 52. Constituent documents of a legal entity.
Article 53. Bodies of a legal entity.
Article 54. Name and location of the legal entity.
Article 55. Representative offices and branches.
Article 56. Responsibility of a legal entity.
Article 57. Reorganization of a legal entity.
Article 58. Succession in the reorganization of legal entities.
Article 59. Transfer deed and separation balance sheet.
Article 60. Guarantees of the rights of creditors of a legal entity during its reorganization.
Article 61. Liquidation of a legal entity.
Article 62. Duties of the person who made the decision to liquidate the legal entity.
Article 63. Procedure for liquidation of a legal entity.
Article 65. Insolvency (bankruptcy) of a legal entity.
Article 66. Basic provisions on business partnerships and companies.
Article 67. Rights and obligations of participants in an economic partnership or company.
Article 68. Transformation of business partnerships and companies.
Article 69. Basic provisions on a full partnership.
Article 70. Constituent agreement of a full partnership.
Article 71. Management in full partnership.
Article 72. Conducting affairs of a full partnership.
Article 73. Obligations of a participant in a full partnership.
Article 74. Distribution of profits and losses of a full partnership.
Article 75. Responsibility of participants of a full partnership for its obligations.
Article 76. Changes in the composition of participants in a full partnership.
Article 77. Exit of the participant from the full partnership.
Article 78. Consequences of leaving a member out of a full partnership.
Article 79. Transfer of a participant's share in the share capital of a full partnership.
Article 80. Enforcement of a share of a participant in the share capital of a full partnership.
Article 81. Liquidation of a full partnership.
Article 82. Basic Provisions on the Partnership on Faith.
Article 83. The foundation agreement of a limited partnership.
Article 84. Management in a limited partnership and the conduct of its affairs.
Article 85. Rights and obligations of the investor of a limited partnership.
Article 86. Liquidation of a limited partnership.
Article 87. Basic provisions on a limited liability company.
Article 88. Participants in a limited liability company.
Article 89. Constituent documents of a limited liability company.
Article 90. The authorized capital of a limited liability company.
Article 91. Management in a limited liability company.
Article 92. Reorganization and liquidation of a limited liability company.
Article 93. Transfer of a share in the authorized capital of a limited liability company to another person.
Article 94. Withdrawal of a participant in a limited liability company from a company.
Article 95. Basic Provisions on Companies with Additional Liability.
Article 96. Basic Provisions on Joint-Stock Company.
Article 97. Open and closed joint stock companies.
Article 98. Formation of a joint stock company.
Article 99. The authorized capital of the company.
Article 100. Increase of the authorized capital of a joint-stock company.
Article 101. Reduction of the authorized capital of a joint-stock company.
Article 102. Restrictions on the issue of securities and the payment of dividends of a joint-stock company.
Article 103. Management in a joint-stock company.
Article 104. Reorganization and liquidation of a joint-stock company.
Article 105. Affiliated economic society.
Article 106. Dependent economic company.
Article 107. The concept of a production cooperative.
Article 108. Formation of production cooperatives.
Article 109. Property of a production cooperative.
Article 110. Management in a production cooperative.
Article 111. Termination of membership in a production cooperative and transfer of a share.
Article 112. Reorganization and liquidation of production cooperatives.
Article 113. Unitary enterprise.
Article 114. Unitary enterprise based on the right of economic management.
Article 115. Unitary enterprise based on the right of operational management.
Article 116. Consumer cooperative.
Article 117. Public and religious organizations (associations).
Article 118. Funds.
Article 119. Amendment of the charter and liquidation of the fund.
Article 120. Institutions.
Article 121. Associations of legal entities (associations and unions).
Article 122. Constituent documents of associations and unions.
Article 123. Rights and obligations of members of associations and unions.