12 C.F.R. § 550.540   When will the OTS terminate my 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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§ 550.540   When will the OTS terminate my fiduciary powers?

If, after appropriate investigation, the Regional Director is satisfied that you have been discharged from all fiduciary duties, the Regional Director will issue a written notice indicating that you are no longer authorized to exercise fiduciary powers.

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