Statutes, codes, and regulations
Code of Federal Regulations
Title 12 - BANKS AND BANKINGChapter I - COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURYPart 150 - FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONSSubpart B - EXERCISING FIDUCIARY POWERS
RESTRICTIONS ON SELF DEALING
Section 150.360 - May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?

12 C.F.R. § 150.360

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Current through November 30, 2024
Section 150.360 - May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?

You may make a loan to a fiduciary account that is secured by an interest in the assets of the account, if the transaction is fair to the account and is not prohibited by applicable law.

12 C.F.R. § 150.360