§ 550.300 - Where may I deposit fiduciary funds awaiting investment or distribution?

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§ 550.300 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.

                    
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§ 550.300 - Where may I deposit fiduciary funds awaiting investment or distribution?

§ 550.300 Where may I deposit fiduciary funds awaiting investment or distribution?