---
kind: "section"
citation: "12 C.F.R. § 150.70"
title: "12"
number: "150.70"
heading: "Must I obtain OCC approval or file a notice before I exercise fiduciary powers?"
url: "https://uscodex.org/cfr/12/150.70"
---

# §150.70. Must I obtain OCC approval or file a notice before I exercise fiduciary powers?


Except for fiduciary activities subject solely to [subpart E](/cfr/12/subpartE.md), you should refer to [12 CFR 5.26](/cfr/12/5.26.md) 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](/cfr/12/5.26.md).


## Notes

### 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]