GroundRules
12 CFR 9.16: Receivership or voluntary liquidation of bank.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON