{"data":{"id":"us/12-cfr-150.130","jurisdiction":"us","citation":"12 CFR 150.130","heading":"How may I conduct multi-state operations?","body":"(a) Conducting fiduciary activities in more than one state. You may conduct fiduciary activities in any state, subject to the application and notice requirements in § 5.26 of this chapter.\n(b) Serving customers in more than one state. When you conduct fiduciary activities in a state:\n(1) You may market your fiduciary services to, and act as a fiduciary for, customers located in any state, may act as a fiduciary for relationships that include property located in other states, and may act as a testamentary trustee for a testator located in other states.\n(2) You may establish or utilize an office in any state to perform activities that are ancillary to your fiduciary business.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"cad997d5c80673d7f3ffab8bfc4778aa0fb386a001d0031dd6d1c903e5cec720","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-150.70","next":"us/12-cfr-150.135"},"notice":"GroundRules: Original legal text. Not legal advice."}