12 CFR 150.70
§ 150.70 Must I obtain OCC approval or file a notice before I exercise fiduciary powers?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 150.70, § 150.70 Must I obtain OCC approval or file a notice before I exercise fiduciary powers?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43712
- Permanent ID
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.