12 C.F.R. § 550.360   May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Restrictions on Self Dealing

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§ 550.360   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.

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