1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter I - COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  4. Part 150 - FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS
  5. Subpart D - Terminating Fiduciary Activities Receivership or Liquidation
  6. Topic - Surrender of Fiduciary Powers
  7. 12 CFR § 150.530
12 CFR § 150.530
How do I surrender fiduciary powers?
November 10, 2020
CFR

If you want to surrender your fiduciary powers, you must file a certified copy of a resolution of your board of directors evidencing that intent. You must file the resolution with the appropriate OCC licensing office.

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§ 150.540 When will the OCC terminate my fiduciary powers?

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