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Code · CFR · Title 12 — Banks and Banking · Part 150 — Fiduciary Powers of Federal Savings Associations · § 150.300

§ 150.300. Where may I deposit fiduciary funds awaiting investment or distribution?

55 words·~1 min read·/us/cfr/t12/s§ 150.300·

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(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.
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§ 150.300
Where may I deposit fiduciary funds awaiting investment or distribution?
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