12 C.F.R. § 550.530   How do I surrender fiduciary powers?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart D—Terminating Fiduciary Activities
Surrender of Fiduciary Powers

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§ 550.530   How do I surrender fiduciary powers?

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 Regional Office at the address listed in §516.40(a) of this chapter.

[62 FR 66703, Dec. 30, 1997, as amended at 66 FR 13006, Mar. 2, 2001]

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