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 § 150.540
12 CFR § 150.540
When will the OCC terminate my fiduciary powers?
November 10, 2020
CFR

If, after appropriate investigation, the OCC is satisfied that you have been discharged from all fiduciary duties, the appropriate OCC licensing office will issue a written notice indicating that you are no longer authorized to exercise fiduciary powers.

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§ 150.530 How do I surrender fiduciary powers?
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§ 150.550 May I recover my deposit from state authorities?

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