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TREAS/OCC

RIN: 1557-AB79

Publication ID: Spring 2000

Title: ●Bank Activities and Operations; Fiduciary Activities of National Banks
Abstract: The OCC is planning to issue a notice of proposed rulemaking that would amend 12 CFR part 7 and 12 CFR part 9. The proposed revisions to Part 7 add provisions concerning: (1) a national bank's authority to solicit and sell insurance under 12 USC 92; (2) activities that are part of, or incidental to, the business of banking; and (3) parity between national banks and federal thrifts with respect to state laws that apply in the case of their respective charters. The proposed revisions to part 9 codify OCC interpretations on national bank multi-state trust operations and establish uniform standards of care generally applicable to the exercise of national bank fiduciary powers authorized by 12 USC 92a and part 9.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 7 12 CFR 9
Legal Authority: 12 USC 24(Seventh) 12 USC 92 12 USC 92a(a) 12 USC 92a(b) 12 USC 93a

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	05/00/2000

Regulatory Flexibility Analysis Required: No	Government Levels Affected: State
Small Entities Affected: No	Federalism: Yes
Included in the Regulatory Plan: No
Agency Contact: Michele Meyer District Counsel--Central District Department of the Treasury Comptroller of the Currency One Financial Place, Suite 2700, Chicago, IL 60605-1073 Phone:312 360-8813 Email: michele.meyer@occ.treas.gov