12 C.F.R. § 9.16

Current through September 30, 2024

Section 9.16 - Receivership or voluntary liquidation of bank

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.

12 C.F.R. § 9.16