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§ 333.3 Consent required for exercise of trust powers.

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Title 12 CFR: Banks and Banking › Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION › Part 333: EXTENSION OF CORPORATE POWERS › § 333.3: § 333.3 Consent required for exercise of trust powers.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

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]

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§ 333.3 Consent required for exercise of trust powers. · 12 C.F.R. § 333.3 (2026) | Frix