{"data":{"id":"us/12-cfr-150.520","jurisdiction":"us","citation":"12 CFR 150.520","heading":"What happens if I am placed in receivership or voluntary liquidation?","body":"If the OCC appoints a conservator or receiver, or if you place yourself in voluntary liquidation, the receiver, conservator, or liquidating agent must promptly close or transfer all fiduciary accounts to a substitute fiduciary, in accordance with OCC instructions and the orders of the court having jurisdiction.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 150—FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS","Subpart D—Terminating Fiduciary Activities Receivership or Liquidation"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"b49d87c57814448907ca5bf918b2fe23d613d207a895b24ba4b502ed4b2be834","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-150.510","next":"us/12-cfr-150.530"},"notice":"GroundRules: Original legal text. Not legal advice."}