§150.360. May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?
12 C.F.R. § 150.360
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.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).
Source
Source: 76 FR 49003, Aug. 9, 2011, unless otherwise noted.