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§150.530. How do I surrender fiduciary powers?

12 C.F.R. § 150.530

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.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).

Source

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