Code of Federal Regulations · Section
§ 150.230 — Who Must Maintain Custody Or Control Of Assets In A Fiduciary Account?
12 C.F.R. § 150.230
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You must place assets of fiduciary accounts in the joint custody or control of not fewer than two fiduciary officers or employees designated for that purpose by the board of directors.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a