Text
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
: Funds Awaiting Investment Or Distribution
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.
Sponsored links
