12 C.F.R. § 550.390 May my officer or employee retain compensation for acting as a co-fiduciary?
Title 12 - Banks and Banking
You may not permit your officers or employees to retain any compensation for acting as a co-fiduciary with you in the administration of a fiduciary account, except with the specific approval of your board of directors.
Title 12: Banks and Banking
PART 550—FIDUCIARY POWERS OF SAVINGS ASSOCIATIONS
Subpart B—Exercising Fiduciary Powers
Compensation, Gifts, and Bequests
§ 550.390 May my officer or employee retain compensation for acting as a co-fiduciary?
