12 CFR 150.500 – How much must I deposit if I administer fiduciary assets in more than one state?
Current as of: 2024 | Check for updates
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If you administer fiduciary assets in more than one state, you must compute the amount of deposit required for each state on the basis of fiduciary assets that you administer primarily from offices located in that state.
Terms Used In 12 CFR 150.500
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiduciary: A trustee, executor, or administrator.