Code of Federal Regulations · Section
§ 150.530 — How Do I Surrender Fiduciary Powers?
12 C.F.R. § 150.530
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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.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a