Code of Federal Regulations (Last Updated: July 5, 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 |
Restrictions on Self Dealing |
§ 550.370 - May I sell assets or lend money between fiduciary accounts?
Latest version.
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§ 550.370 May I sell assets or lend money between fiduciary accounts?
You may sell assets or lend money between fiduciary accounts, if the transaction is fair to both accounts and is not prohibited by applicable law.