12 CFR 150.370 - May I sell assets or lend money between fiduciary accounts?

Regulations last checked for updates: May 24, 2025

Title 12 - Banks and Banking last revised: May 21, 2025

§ 150.370 - May I sell assets or lend money between fiduciary accounts?

You may sell assets or lend money between fiduciary accounts, if the transaction is fair to both accounts and is 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 150.370