(a) The board, under the commissioner’s supervision and in accordance with the approved liquidation plan, shall liquidate the affairs of the association and reduce the association’s assets to cash for the purpose of paying, satisfying, and discharging all existing liabilities and obligations of the association, including the withdrawal value of all savings accounts.
(b) The board shall distribute any remaining balance pro rata among the savings account members of record on the date the association adopted the resolution to liquidate.

(c) The board of a capital stock association shall distribute any assets remaining after liabilities and obligations are fully paid and satisfied, including the withdrawal value of savings accounts, among the shareholders according to their liquidation rights.
(d) The board shall pay from the assets of the association all expenses incurred by the commissioner and the commissioner’s representatives during the course of the liquidation.