12 CFR 150.360
§ 150.360 May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 150.360, § 150.360 May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43738
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Full text
You may make a loan to a fiduciary account that is secured by an interest in the assets of the account, if the transaction is fair to the account and is 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.