12 C.F.R. § 9.16   Receivership or voluntary liquidation of bank.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS
Regulations

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§ 9.16   Receivership or voluntary liquidation of bank.

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.

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