StacksVerified U.S. regulatory reference

12 CFR §150.400

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
You may not permit any fiduciary officer or employee to accept a bequest or gift of fiduciary assets, unless the bequest or gift is directed or made by a relative of the officer or employee or is specifically approved by your board of directors.