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12 CFR 150.590

§ 150.590 What standards must I observe when acting in exempt fiduciary capacities?

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

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12 CFR 150.590, § 150.590 What standards must I observe when acting in exempt fiduciary capacities?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43764
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You must observe principles of sound fiduciary administration, including those related to recordkeeping and segregation of assets.

Legislative history

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