12 C.F.R. § 550.560 When may the OTS revoke my fiduciary powers?
Title 12 - Banks and Banking
The OTS may revoke your fiduciary powers if it determines that you have done any of the following: (a) Exercised those fiduciary powers unlawfully or unsoundly. (b) Failed to exercise those fiduciary powers for five consecutive years. (c) Otherwise failed to follow the requirements of this part.
Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart D—Terminating Fiduciary Activities
Revocation of Fiduciary Powers
§ 550.560 When may the OTS revoke my fiduciary powers?
