12 CFR §150.130
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Conducting fiduciary activities in more than one state. You may conduct fiduciary activities in any state, subject to the application and notice requirements in § 5.26 of this chapter.
- (b)Serving customers in more than one state. When you conduct fiduciary activities in a state:
- (1)You may market your fiduciary services to, and act as a fiduciary for, customers located in any state, may act as a fiduciary for relationships that include property located in other states, and may act as a testamentary trustee for a testator located in other states.
- (2)You may establish or utilize an office in any state to perform activities that are ancillary to your fiduciary business.