12 CFR 150.370
§ 150.370 May I sell assets or lend money between fiduciary accounts?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 150.370, § 150.370 May I sell assets or lend money between fiduciary accounts?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43739
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Full text
You may sell assets or lend money between fiduciary accounts, if the transaction is fair to both accounts 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.