Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter V - Office of Thrift Supervision, Department of the Treasury |
Part 550 - Fiduciary Powers of Savings Associations |
Subpart B - Exercising Fiduciary Powers |
Review of a Fiduciary Account |
§ 550.200 - Must I review a prospective account before I accept it?
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§ 550.200 Must I review a prospective account before I accept it?
Before accepting a prospective fiduciary account, you must review it to determine whether you can properly administer the account.