§ 150.360. May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?
36 words·~1 min read·
/us/cfr/t12/s§ 150.360·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.