(a)In this part the following words have the meanings indicated.
(b)“Creditor” means a person with a claim against a provider.
(c)“Delinquency proceeding” means a proceeding under this subtitle to liquidate, rehabilitate, reorganize, or conserve a provider.
(d)“General assets” means:
(1)all property that is not specifically mortgaged, pledged, deposited, or otherwise encumbered for the security or benefit of specified persons or a limited class of persons;
(2)to the extent that property of a provider is specifically encumbered, the amount of the property or its proceeds that exceeds the amount necessary to discharge the encumbrance; and
(3)assets held in trust and assets held on deposit for the security or benefit of all
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(a) In this part the following words have the meanings indicated.
(b) “Creditor” means a person with a claim against a provider.
(c) “Delinquency proceeding” means a proceeding under this subtitle to liquidate, rehabilitate, reorganize, or conserve a provider.
(d) “General assets” means:
(1) all property that is not specifically mortgaged, pledged, deposited, or otherwise encumbered for the security or benefit of specified persons or a limited class of persons;
(2) to the extent that property of a provider is specifically encumbered, the amount of the property or its proceeds that exceeds the amount necessary to discharge the encumbrance; and
(3) assets held in trust and assets held on deposit for the security or benefit of all subscribers and creditors in the United States.
(e) “Receiver” includes a conservator, rehabilitator, and liquidator.
(f) (1) “Secured claim” means a claim that:
(i) is secured by mortgage, trust deed, pledge, deposit as security, escrow, or otherwise; or
(ii) has become a lien on specific assets through judicial process.
(2) “Secured claim” does not include a special deposit claim or a claim against general assets.
(g) (1) “Special deposit claim” means a claim secured by a deposit required by law for the security or benefit of a limited class of persons.
(2) “Special deposit claim” does not include a claim against general assets.
(h) “Transfer” means:
(1) the sale or other direct or indirect disposition of property or an interest in property;
(2) the fixing of a lien on property or an interest in property; or
(3) the retention of a security title to property delivered to a debtor.