12 C.F.R. § 150.400

Current through November 30, 2024

Section 150.400 - May my fiduciary officer or employee accept a gift or bequest?

You may not permit any fiduciary officer or employee to accept a bequest or gift of fiduciary assets, unless the bequest or gift is directed or made by a relative of the officer or employee or is specifically approved by your board of directors.

12 C.F.R. § 150.400