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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 12 - Banks and Banking |
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Chapter I - Comptroller of the Currency, Department of the Treasury |
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Part 21 - Minimum Security Devices and Procedures, Reports of Suspicious Activities, and Bank Secrecy Act Compliance Program |
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Subpart A - Minimum Security Devices and Procedures |
§ 21.2 - Designation of security officer.
Latest version.
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§ 21.2 Designation of security officer.
Within 30 days after the opening of a new bank, the Bank's board of directors shall designate a security officer who shall have the authority, subject to the approval of the board of directors, for immediately developing and administering a written security program to protect each banking office from robberies, burglaries, and larcenies and to assist in identifying and apprehending persons who commit such acts.
(Approval by the Office of Management and Budget under control number 1557-0180)