1. Regulations
  2. title 12
  3. chapter I
  4. part 150
  5. subpart B
  6. subjgrp 43
  7. § 150.360

View all text of Subjgrp 43 [§ 150.330 - § 150.370]

§ 150.360 - May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?

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.

AUTHORITY: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).

SOURCE: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.

CITE AS: 12 CFR 150.360