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OFCE of the Comptroller of the Currency Washington, DC 20219COMPTROLLERS LICENSING MANUALTermination of Federal Charter June 2017Contents Introduction ..............................................................................................................................1 Key
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Termination of federal refers to the process of ending a federal entity's legal existence.
Any federal entity that is ceasing operations or closing down is required to file termination of federal.
To fill out termination of federal, the entity must provide detailed information about the closure, including reasons for termination, final financial statements, and any outstanding debts or obligations.
The purpose of termination of federal is to formally dissolve the entity's legal existence with the federal government.
Information that must be reported on termination of federal includes reasons for termination, final financial statements, outstanding debts or obligations, and any other relevant details.
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