12 CFR 150.260
§ 150.260 How may I invest funds of a fiduciary account?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 150.260, § 150.260 How may I invest funds of a fiduciary account?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43730
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Full text
(a) General. You must invest funds of a fiduciary account in a manner consistent with applicable law.
(b) Collective investment funds.
(1) You may invest funds of a fiduciary account in a collective investment fund, including a collective investment fund that you have established. In establishing and administering such funds, you must comply with 12 CFR 9.18.
(2) If you must file a document with the OCC under 12 CFR 9.18, the OCC may review such documents for compliance with this part and other laws and regulations.
(3) “Bank” and “national bank” as used in 12 CFR 9.18 shall be deemed to include a Federal savings association.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.