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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 150.390: May my officer or employee retain compensation for acting as a co-fiduciary?

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  3. PART 150—FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS
  4. 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

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