Regulations last checked for updates: Feb 12, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 150.530 - How do I surrender fiduciary powers?

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.

source: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.
cite as: 12 CFR 150.530