12 CFR 150.170 - May my other departments or affiliates use fiduciary personnel and facilities to perform other services?

Regulations last checked for updates: Feb 07, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026

View all text of Subpart B [§ 150.130 - § 150.480]

§ 150.170 - May my other departments or affiliates use fiduciary personnel and facilities to perform other services?

Your other departments or affiliates may use fiduciary officers, employees, and facilities to perform services unrelated to the exercise of fiduciary powers, to the extent not prohibited by applicable law.

authority: 12 U.S.C. 1462a,1463,1464,5412

source: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.

cite as: 12 CFR 150.170