12 CFR 150.390: May my officer or employee retain compensation for acting as a co-fiduciary?
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 150—FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS
- Subpart B—Exercising Fiduciary Powers
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON