Code of Federal Regulations · Section

§ 150.390 — May My Officer Or Employee Retain Compensation For Acting As A Co-fiduciary?

12 C.F.R. § 150.390

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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. § 150.380 12 C.F.R. § 150.400

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