12 C.F.R. · Banks and Banking
12 C.F.R. § 150.150

Who is responsible for the exercise of fiduciary powers?

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 150.150 — Who is responsible for the exercise of fiduciary powers?

§ 150.150 Who is responsible for the exercise of fiduciary powers? The exercise of your fiduciary powers must be managed by or under the direction of your board of directors. In discharging its responsibilities, the board may assign any function related to the exercise of fiduciary powers to any director, officer, employee, or committee of directors, officers, or employees.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR12-SEC-0F7B46
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
12 C.F.R. § 150.150
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
ba5bc03d1182aef7...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 150.150 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 12 12 C.F.R. § 150.150