12 CFR § 333.3 Extension of Corporate Powers

§ 333.3 Consent required for exercise of trust powers.

Current through Oct 1, 2026 · Read all of Part 333

⚠ 1 pending change to Part 333
  • Merger Transactions
    Proposed Rule · comments close Nov 23, 2026 · Federal Deposit Insurance Corporation

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]

← § 333.2 Change in general character of business.§ 333.4 Conversions from mutual to stock form. →