I have a job of replacing 4 panels in basement if a apartment building because they have Federal Pacific panels. They have their meters and disconnects outside the buildings. These apartments are over 40 years and high end apartments. Then checking the job I notice there only wires coming in and it was bonded. Back then this must have been ok, but its consider a sub panel now. I plan separating the ground and neutral terminals and the conduit as my ground. But I wondering if the whole is grandfather.