12 CFR 7.2010 - National bank directors' responsibilities.

Regulations last checked for updates: Oct 18, 2024

Title 12 - Banks and Banking last revised: Oct 15, 2024

View all text of Subpart B [§ 7.2000 - § 7.2025]

§ 7.2010 - National bank directors' responsibilities.

The business and affairs of a national bank must be managed by or under the direction of the board of directors. The board of directors should refer to OCC published guidance for additional information regarding responsibilities of directors.

[61 FR 4862, Feb. 9, 1996, as amended at 85 FR 83735, Dec. 22, 2020]

authority: 12 U.S.C. 1

source: 61 FR 4862, Feb. 9, 1996, unless otherwise noted.

cite as: 12 CFR 7.2010