12 C.F.R. § 333.3

Consent required for exercise of trust powers.

Last amended: 2019Year: 2026Length: 49 wordsOfficial source

Cite as 12 C.F.R. § 333.3 (2026)

Except as provided in 12 CFR 303.242(a), a State nonmember bank or State savings association seeking to exercise trust powers must obtain prior written consent from the FDIC. Procedures for obtaining the FDIC's prior written consent are set forth in 12 CFR 303.242. [83 FR 60337, Nov. 26, 2018]
Cross-references to the CFR
12:303.24212:303.242.
12 C.F.R. § 333.3: Consent required for exercise of trust powers. | Justis AI