12 C.F.R. § 150.390

Current through November 30, 2024

Section 150.390 - May my officer or employee retain compensation for acting as a co-fiduciary?

You may not permit your officers or employees to retain any compensation for acting as a co-fiduciary with you in the administration of a fiduciary account, except with the specific approval of your board of directors.

12 C.F.R. § 150.390