---
title: "List the points for a lender's internal note on use of generative tools"
url: "https://ailawframework.com/practice/banking-and-finance/prepare-a-lender-ai-use-policy-note-for-a-bank-s-legal-team/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A3-B7-5-US"
practice_area: "Banking & Finance (Lending, Securities, Project Finance)"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# List the points for a lender's internal note on use of generative tools

> List the duties in Opinion 512 that bear on a lending practice: competence, confidentiality, verification, candour to a tribunal, supervision and fees. Do not write the policy.

Canonical page: https://ailawframework.com/practice/banking-and-finance/prepare-a-lender-ai-use-policy-note-for-a-bank-s-legal-team/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Banking & Finance (Lending, Securities, Project Finance)](https://ailawframework.com/practice/banking-and-finance.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | List the duties in Opinion 512 that bear on a lending practice: competence, confidentiality, verification, candour to a tribunal, supervision and fees. Do not write the policy. |
| What the lawyer must review | Opinion 512 says a lawyer must understand the tool well enough for the task, must check output, must not put confidential client information into a tool that trains on it or discloses it, and must not file unchecked output. Model Rules 1.1 and 1.6 are the rules the opinion applies. No banking regulator's generative-tool guidance was opened, so do not add one. You write the note the legal team will adopt. |
| Written for | United States |
| Applies to | [Prepare a lender AI-use policy note for a bank's legal team](https://ailawframework.com/practice/banking-and-finance/prepare-a-lender-ai-use-policy-note-for-a-bank-s-legal-team.md) |

## Checking plan

- What the AI does: List the duties in Opinion 512 that bear on a lending practice: competence, confidentiality, verification, candour to a tribunal, supervision and fees. Do not write the policy.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Do not invent a bank-regulator rule on generative tools.
- The list is not the policy.

## Sources

- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)
- [ABA Model Rule 1.1, Competence](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_1_competence/) (checked 2026-10-22)
- [ABA Model Rule 1.6, Confidentiality of information](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_6_confidentiality_of_information/) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*