StacksVerified U.S. regulatory reference

12 CFR §9.16

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
If the OCC appoints a receiver for an uninsured national bank, or if a national bank places itself in voluntary liquidation, the receiver or liquidating agent shall promptly close or transfer to a substitute fiduciary all fiduciary accounts, in accordance with OCC instructions and the orders of the court having jurisdiction.