§ 150.290 What must I do with fiduciary funds awaiting investment or distribution?
§ 150.300 Where may I deposit fiduciary funds awaiting investment or distribution?
§ 150.310 What if the FDIC does not insure the deposits?
§ 150.320 What is acceptable collateral for uninsured deposits?

Terms Used In CFR > Title 12 > Chapter I > Part 150 > Subpart B > Funds Awaiting Investment or Distribution

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Fiduciary: A trustee, executor, or administrator.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.