StacksVerified U.S. regulatory reference

12 CFR §150.560

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The OCC may revoke your fiduciary powers if it determines that you have done any of the following:
  1. (a)Exercised those fiduciary powers unlawfully or unsoundly.
  2. (b)Failed to exercise those fiduciary powers for five consecutive years.
  3. (c)Otherwise failed to follow the requirements of this part.