12 C.F.R. § 7.2012
Current through November 30, 2024
Pursuant to 12 U.S.C. 76 , the person serving as, or in the function of, president of a national bank, regardless of title, must be a member of the board of directors. A director other than the person serving as, or in the function of, president may be elected chairman of the board.
12 C.F.R. §7.2012