StacksVerified U.S. regulatory reference

12 CFR §150.490

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
You must deposit securities with a state's authorities or, if applicable, a Federal Home Loan Bank under § 150.510, if you meet all of the following:
  1. (a)You are located in the state.
  2. (b)You act as a private or court-appointed trustee.
  3. (c)The law of the state requires corporations acting in a fiduciary capacity to deposit securities with state authorities for the protection of private or court trusts.