12 C.F.R. § 150.360 – May I make a loan to a fiduciary account that is secured by an interest in the assets of the account? | Midpage
§ 150.360
12 C.F.R. § 150.360
May I make a loan to a fiduciary account that is secured by an interest in the assets of the account?
Effective Jan 1, 2017
You may make a loan to a fiduciary account that is secured by an interest in the assets of the account, if the transaction is fair to the account and is not prohibited by applicable law.