Date: May 15, 1997
Description: Questions and Answers 12 CFR 9
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