Exercise of trust powers.

CFR · 2024-01-01 · US · Title 12

(a) (1) Where a State nonmember bank or State savings association received authority to exercise trust powers from its chartering authority prior to December 1, 1950; or (2) Where the institution continues to conduct trust activities pursuant to authority granted by its chartering authority subsequent to a charter conversion or withdrawal from membership in the Federal Reserve System. (b) (c) (d) (e) (f)

official document · source cfr-2024 · id 12:§ 303.242