12 C.F.R. § 550.230 Who must maintain custody or control of assets in a fiduciary account?
Title 12 - Banks and Banking
You must place assets of fiduciary accounts in the joint custody or control of not fewer than two fiduciary officers or employees designated for that purpose by the board of directors.
Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Custody and Control of Assets
§ 550.230 Who must maintain custody or control of assets in a fiduciary account?
