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Can you summarize AZRS 6-395.04?

Right of subrogation of federal deposit insurance corporation

Short Summary

The federal deposit insurance corporation shall be subrogated to the rights of depositors upon payment of their claims to the extent required by the law of the United States as a condition of the authority to insure deposits or make such payment.

Jurisdiction

Arizona

Source
AZRS 6-395.04 [https://reggi.cloud.regology.com/regulations/US-AZRS/US-AZRS_T_6_C_2_SC_13_S_395.04]