StacksVerified U.S. regulatory reference

12 CFR §150.520

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
If the OCC appoints a conservator or receiver, or if you place yourself in voluntary liquidation, the receiver, conservator, or liquidating agent must promptly close or transfer all fiduciary accounts to a substitute fiduciary, in accordance with OCC instructions and the orders of the court having jurisdiction.