Current through September 30, 2024
Section 150.300 - 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.