# 12 CFR § 333.3: Consent required for exercise of trust powers

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-333.3

## Section

- **Citation:** 12 CFR § 333.3
- **Heading:** Consent required for exercise of trust powers
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION > SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY > PART 333—EXTENSION OF CORPORATE POWERS > Regulations

## 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]

## Nearby sections

- [12 CFR § 333.1 § 333.1 Classification of general character of business.](https://www.frixlaw.com/law-library/statutes/ecfr-12-333.1.md)
- [12 CFR § 333.2 § 333.2 Change in general character of business.](https://www.frixlaw.com/law-library/statutes/ecfr-12-333.2.md)
- [12 CFR § 333.3 § 333.3 Consent required for exercise of trust powers.](https://www.frixlaw.com/law-library/statutes/ecfr-12-333.3.md)
- [12 CFR § 333.4 § 333.4 Conversions from mutual to stock form.](https://www.frixlaw.com/law-library/statutes/ecfr-12-333.4.md)
- [12 CFR § 333.101 § 333.101 Prior consent not required.](https://www.frixlaw.com/law-library/statutes/ecfr-12-333.101.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-333.3. Check the current official text before relying on it. Not legal advice.