12 CFR § 9.1 - Authority, purpose, and scope.

---
identifier: "/us/cfr/t12/s9.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 9.1 - Authority, purpose, and scope."
title_number: 12
title_name: "Banks and Banking"
section_number: "9.1"
section_name: "Authority, purpose, and scope."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "9"
part_name: "FIDUCIARY ACTIVITIES OF NATIONAL BANKS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 24 (Seventh), 92a, and 93a; 15 U.S.C. 78q, 78q-1, and 78w."
regulatory_source: "61 FR 68554, Dec. 30, 1996, unless otherwise noted."
cfr_part: "9"
---


# 9.1 Authority, purpose, and scope.

(a) *Authority.* The Office of the Comptroller of the Currency (OCC) issues this part pursuant to its authority under 12 U.S.C. 24 (Seventh), 92a, and 93a, and 15 U.S.C. 78q, 78q-1, and 78w.

(b) *Purpose.* The purpose of this part is to set forth the standards that apply to the fiduciary activities of national banks.

(c) *Scope.* This part applies to all national banks that act in a fiduciary capacity, as defined in § 9.2(e). This part also applies to all Federal branches of foreign banks to the same extent as it applies to national banks.