---
kind: "section"
citation: "12 C.F.R. § 150.260"
title: "12"
number: "150.260"
heading: "How may I invest funds of a fiduciary account?"
url: "https://uscodex.org/cfr/12/150.260"
---

# §150.260. How may I invest funds of a fiduciary account?

- (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](/cfr/12/9.18.md).
  - (2) If you must file a document with the OCC under [12 CFR 9.18](/cfr/12/9.18.md), 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](/cfr/12/9.18.md) shall be deemed to include a Federal savings association.

## Notes

### Authority

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

### Source

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