{"data":{"id":"us/12-cfr-9.6","jurisdiction":"us","citation":"12 CFR 9.6","heading":"Review of fiduciary accounts.","body":"(a) Pre-acceptance review. Before accepting a fiduciary account, a national bank shall review the prospective account to determine whether it can properly administer the account.\n(b) Initial post-acceptance review. Upon the acceptance of a fiduciary account for which a national bank has investment discretion, the bank shall conduct a prompt review of all assets of the account to evaluate whether they are appropriate for the account.\n(c) Annual review. At least once during every calendar year, a bank shall conduct a review of all assets of each fiduciary account for which the bank has investment discretion to evaluate whether they are appropriate, individually and collectively, for the account.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"ba0c622c1652e43ffefc3580fea22bd76cd09b1b59ae0d966ef1141568a5fa12","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-9.5","next":"us/12-cfr-9.7"},"notice":"GroundRules: Original legal text. Not legal advice."}