{"data":{"id":"us/12-cfr-150.390","jurisdiction":"us","citation":"12 CFR 150.390","heading":"May my officer or employee retain compensation for acting as a co-fiduciary?","body":"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.","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":"27b0ea3a0d4c20ca811caba2664e01fd0539c990ef5d6aed71b017f069e94a20","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-150.380","next":"us/12-cfr-150.400"},"notice":"GroundRules: Original legal text. Not legal advice."}