---
kind: "section"
citation: "12 C.F.R. § 9.8"
title: "12"
number: "9.8"
heading: "Recordkeeping."
url: "https://uscodex.org/cfr/12/9.8"
---

# §9.8. Recordkeeping.

- (a) **Documentation of accounts.** A national bank shall adequately document the establishment and termination of each fiduciary account and shall maintain adequate records for all fiduciary accounts.
- (b) **Retention of records.** A national bank shall retain records described in [paragraph (a)](#a) of this section for a period of three years from the later of the termination of the account or the termination of any litigation relating to the account.
- (c) **Separation of records.** A national bank shall ensure that records described in [paragraph (a)](#a) of this section are separate and distinct from other records of the bank.

## Notes

### Authority

Authority: 12 U.S.C. 24 (Seventh), 92a, and 93a; 15 U.S.C. 78q, 78q-1, and 78w.

### Source

Source: 61 FR 68554, Dec. 30, 1996, unless otherwise noted.