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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter V - Office of Thrift Supervision, Department of the Treasury |
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Part 550 - Fiduciary Powers of Savings Associations |
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Subpart B - Exercising Fiduciary Powers |
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Custody and Control of Assets |
§ 550.250 - Must I keep fiduciary assets separate from other assets?
Latest version.
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§ 550.250 Must I keep fiduciary assets separate from other assets?
You must keep the assets of fiduciary accounts separate from your other assets. You must also keep the assets of each fiduciary account separate from all other accounts, or you must identify the investments as the property of a particular account, except as provided in §§ 550.260.