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12 CFR 150.170

§ 150.170 May my other departments or affiliates use fiduciary personnel and facilities to perform other services?

United States · 12 CFR — Banks and Banking · Status: effective

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12 CFR 150.170, § 150.170 May my other departments or affiliates use fiduciary personnel and facilities to perform other services?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43720
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Your other departments or affiliates may use fiduciary officers, employees, and facilities to perform services unrelated to the exercise of fiduciary powers, to the extent not prohibited by applicable law.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.