§150.70. Must I obtain OCC approval or file a notice before I exercise fiduciary powers?
12 C.F.R. § 150.70
Except for fiduciary activities subject solely to subpart E, you should refer to 12 CFR 5.26 to determine if you must obtain OCC approval or file a notice with the OCC before you exercise fiduciary powers. A Federal savings association may not exercise fiduciary powers unless it obtains prior approval from the OCC to the extent required under 12 CFR 5.26.
Notes, amendments, and revision history
Amendments
[80 FR 28480, May 18, 2015]
Authority
Authority: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).
Source
Source: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.
Amendments
[80 FR 28480, May 18, 2015]