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  <FDSYS>
    <CFRTITLE>12</CFRTITLE>
    <CFRTITLETEXT>Banks and Banking</CFRTITLETEXT>
    <VOL>5</VOL>
    <DATE>1999-01-01</DATE>
    <ORIGINALDATE>1999-01-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>What action will the OTS take on my application?</TITLE>
    <GRANULENUM>550.120</GRANULENUM>
    <HEADING>Section 550.120</HEADING>
    <ANCESTORS>
      <PARENT HEADING="" SEQ="3"/>
      <PARENT HEADING="" SEQ="2"/>
      <PARENT HEADING="PART 550" SEQ="1">FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS</PARENT>
      <PARENT HEADING="Subpart A" SEQ="0">Obtaining Fiduciary Powers</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 550.120</SECTNO>
    <SUBJECT>What action will the OTS take on my application?</SUBJECT>
    <P>The OTS may approve or deny your application. If your application is approved, the OTS may impose conditions to ensure that the requirements of this part are met.</P>
  </SECTION>
</CFRGRANULE>
