---
kind: "section"
citation: "12 C.F.R. § 150.30"
title: "12"
number: "150.30"
heading: "What fiduciary capacities does this part cover?"
url: "https://uscodex.org/cfr/12/150.30"
---

# §150.30. What fiduciary capacities does this part cover?


You are subject to this part if you act in a fiduciary capacity, except as described in subpart E of this part. You act in a fiduciary capacity when you act in any of the following capacities:

- (a) **Trustee.**
- (b) **Executor.**
- (c) **Administrator.**
- (d) **Registrar of stocks and bonds.**
- (e) **Transfer agent.**
- (f) **Assignee.**
- (g) **Receiver.**
- (h) Guardian or conservator of the estate of a minor, an incompetent person, an absent person, or a person over whose estate a court has taken jurisdiction, other than under bankruptcy or insolvency laws.
- (i) A fiduciary in a relationship established under a state law that is substantially similar to the Uniform Gifts to Minors Act or the Uniform Transfers to Minors Act as published by the American Law Institute.
- (j) **Investment adviser, if you receive a fee for your investment advice.**
- (k) **Any capacity in which you have investment discretion on behalf of another.**
- (l) Any other similar capacity that the OCC may authorize under [12 U.S.C. 1464(n)](/usc/12/1464.md?p=n).

## 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.