---
kind: "section"
citation: "12 C.F.R. § 150.530"
title: "12"
number: "150.530"
heading: "How do I surrender fiduciary powers?"
url: "https://uscodex.org/cfr/12/150.530"
---

# §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.


## Notes

### Authority

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

### Source

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