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Code · CFR · Title 12 — Banks and Banking · Part 9 — Fiduciary Activities of National Banks · § 9.16

§ 9.16. Receivership or voluntary liquidation of bank.

51 words·~1 min read·/us/cfr/t12/s§ 9.16·

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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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§ 9.16
Receivership or voluntary liquidation of bank.
Fed. Reg.×4
C.F.R.×1
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