12 C.F.R. § 550.250   Must I keep fiduciary assets separate from other assets?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Custody and Control of Assets

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§ 550.250   Must I keep fiduciary assets separate from other assets?

You must keep the assets of fiduciary accounts separate from your other assets. You must also keep the assets of each fiduciary account separate from all other accounts, or you must identify the investments as the property of a particular account, except as provided in §§550.260.

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