12 C.F.R. § 150.300

Current through May 31, 2024
Section 150.300 - Where may I deposit fiduciary funds awaiting investment or distribution?
(a)Self deposits. You may deposit funds of a fiduciary account that are awaiting investment or distribution in your other departments, unless prohibited by applicable law.
(b)Affiliate deposits. You may also deposit funds of a fiduciary account that are awaiting investment or distribution with an affiliated insured depository institution, unless prohibited by applicable law.

12 C.F.R. § 150.300