12 CFR 16.31 - Escrow requirement.

§ 16.31 Escrow requirement.
The OCC may require that any funds received in connection with an offer or sale of securities be held in an independent escrow account at an unrelated insured depository institution when the use of an escrow account is in the best interests of shareholders.

Title 12 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 12 CFR Part 16.