12 CFR 150.540 - When will the OCC terminate my fiduciary powers?

Regulations last checked for updates: May 04, 2025

Title 12 - Banks and Banking last revised: Apr 15, 2025

View all text of Subpart D [§ 150.520 - § 150.570]

§ 150.540 - When will the OCC terminate my fiduciary powers?

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.

authority: 12 U.S.C. 1462a,1463,1464,5412

source: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.

cite as: 12 CFR 150.540