Code of Federal Regulations · Section

§ 150.560 — When May The Occ Revoke My Fiduciary Powers?

12 C.F.R. § 150.560

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The OCC may revoke your fiduciary powers if it determines that you have done any of the following:

(a) Exercised those fiduciary powers unlawfully or unsoundly.

(b) Failed to exercise those fiduciary powers for five consecutive years.

(c) Otherwise failed to follow the requirements of this part.

12 C.F.R. § 150.550 12 C.F.R. § 150.570

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