12 C.F.R. § 550.370   May I sell assets or lend money between fiduciary accounts?


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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§ 550.370   May I sell assets or lend money between fiduciary accounts?

You may sell assets or lend money between fiduciary accounts, if the transaction is fair to both accounts and is not prohibited by applicable law.

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