§ 150.580. When may I conduct fiduciary activities without obtaining OCC approval?
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/us/cfr/t12/s§ 150.580·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to the requirements of this subpart E, you do not need OCC approval under subpart B if you conduct fiduciary activities in the following fiduciary capacities:
(a)Trustee of a trust created or organized in the United States and forming part of a stock bonus, pension, or profit-sharing plan qualifying for specific tax treatment under section 401(d) of the Internal Revenue Code of 1954 (26 U.S.C. 401(d)).
(b)Trustee or custodian of a Individual Retirement Account within the meaning of section 408(a) of the Internal Revenue Code of 1954 (26 U.S.C. 408(a)).
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§ 150.580
When may I conduct fiduciary activities without obtaining OCC approval?
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