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CFR › Title 12 › Chapter I › Part 9 › Section 9.4

12 CFR 9.4 - Administration of fiduciary powers.

There is 1 rule appearing in the Federal Register for 12 CFR 9. Select the tab below to view, or View eCFR (GPOAccess)
§ 9.4
Administration of fiduciary powers.
(a) Responsibilities of the board of directors. A national bank's fiduciary activities shall be managed by or under the direction of its board of directors. In discharging its responsibilities, the board may assign any function related to the exercise of fiduciary powers to any director, officer, employee, or committee thereof.
(b) Use of other personnel. The national bank may use any qualified personnel and facilities of the bank or its affiliates to perform services related to the exercise of its fiduciary powers, and any department of the bank or its affiliates may use fiduciary officers, employees, and facilities to perform services unrelated to the exercise of fiduciary powers, to the extent not prohibited by applicable law.
(c) Agency agreements. Pursuant to a written agreement, a national bank exercising fiduciary powers may perform services related to the exercise of fiduciary powers for another bank or other entity, and may purchase services related to the exercise of fiduciary powers from another bank or other entity.
(d) Bond requirement. A national bank shall ensure that all fiduciary officers and employees are adequately bonded.

Title 12 published on 2012-01-01

The following are only the Rules published in the Federal Register after the published date of Title 12.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2012-10-09; vol. 77 # 195 - Tuesday, October 9, 2012
    1. 77 FR 61229 - Short-Term Investment Funds
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Office of the Comptroller of the Currency
      Final rule.
      The final rule is effective on July 1, 2013. Comments are solicited only on the Paperwork Reduction Act aspects of this final rule and must be submitted by November 8, 2012.
      12 CFR Part 9

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code
USC : Title 12 - BANKS AND BANKING

§ 24 - Corporate powers of associations

§ 92a - Trust powers

§ 93a - Authority to prescribe rules and regulations

USC : Title 15 - COMMERCE AND TRADE

§ 78q - Records and reports

15 USC § 78q–1 - National system for clearance and settlement of securities transactions

§ 78w - Rules, regulations, and orders; annual reports

Title 12 published on 2012-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 9 after this date.

  • 2012-10-09; vol. 77 # 195 - Tuesday, October 9, 2012
    1. 77 FR 61229 - Short-Term Investment Funds
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Office of the Comptroller of the Currency
      Final rule.
      The final rule is effective on July 1, 2013. Comments are solicited only on the Paperwork Reduction Act aspects of this final rule and must be submitted by November 8, 2012.
      12 CFR Part 9