---
kind: "section"
citation: "12 C.F.R. § 150.300"
title: "12"
number: "150.300"
heading: "Where may I deposit fiduciary funds awaiting investment or distribution?"
url: "https://uscodex.org/cfr/12/150.300"
---

# §150.300. Where may I deposit fiduciary funds awaiting investment or distribution?

- (a) **Self deposits.** You may deposit funds of a fiduciary account that are awaiting investment or distribution in your other departments, unless prohibited by applicable law.
- (b) **Affiliate deposits.** You may also deposit funds of a fiduciary account that are awaiting investment or distribution with an affiliated insured depository institution, unless prohibited by applicable law.

## 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.