12 C.F.R. § 550.300 Where may I deposit fiduciary funds awaiting investment or distribution?
Title 12 - Banks and Banking
(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.
Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Funds Awaiting Investment or Distribution
§ 550.300 Where may I deposit fiduciary funds awaiting investment or distribution?
