12 C.F.R. § 550.260 How may I invest funds of a fiduciary account?
Title 12 - Banks and Banking
(a) General. You must invest funds of a fiduciary account in a manner consistent with applicable law. (b) Collective investment funds. (1) You may invest funds of a fiduciary account in a collective investment fund, including a collective investment fund that you have established. In establishing and administering such funds, you must comply with 12 CFR 9.18. (2) If you must file a document with the Comptroller of the Currency under 12 CFR 9.18, you must also file that document with the appropriate Regional Office at §516.40(a) of this chapter. The OTS may review such documents for compliance with this part and other laws and regulations. (3) “Bank” and “national bank” as used in 12 CFR 9.18 shall be deemed to include a Federal savings association. [62 FR 67703, Dec. 30, 1997, as amended at 66 FR 13006, Mar. 2, 2001]
Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Investing Funds of a Fiduciary Account
§ 550.260 How may I invest funds of a fiduciary account?
