OCC Bulletin 1997-22| May 15, 1997

Fiduciary Activities of National Banks: Questions and Answers 12 CFR 9

To

Chief Executive Officers of National Banks, Department and Division Heads, and Examining Personnel

On December 30, 1996, the OCC published the final rule revising 12 CFR 9 in the Federal Register. The rule was effective on January 29, 1997.

The OCC has received numerous questions about the revisions to part 9. The attached document addresses some of the more frequently asked questions. The OCC will address fact specific requests for clarification on a case-by-case basis.

For further information about this bulletin, contact the Office of the Chief National Bank Examiner (202) 649-6370.

Leann G. Britton
Senior Deputy Comptroller

Julie L. Williams
Chief Counsel Bank Supervision Operations

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