What happens if I am placed in receivership or voluntary liquidation?

CFR · 2024-01-01 · US · Title 12

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.

official document · source cfr-2024 · id 12:§ 150.520