Code of Federal Regulations · Section
§ 9.16 — Receivership Or Voluntary Liquidation Of Bank
12 C.F.R. § 9.16
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If the OCC appoints a receiver for an uninsured national bank, or if a national bank places itself in voluntary liquidation, the receiver or liquidating agent shall promptly close or transfer to a substitute fiduciary all fiduciary accounts, in accordance with OCC instructions and the orders of the court having jurisdiction.
Authorizing Statute
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Records and reports15 U.S.C. § 78q
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Corporate powers of associations12 U.S.C. § 24