Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter I - Comptroller of the Currency, Department of the Treasury |
Part 7 - Activities and Operations |
Subpart B - Corporate Practices |
§ 7.2010 - National bank directors' responsibilities.
Latest version.
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§ 7.2010 DirectorsNational bank directors' responsibilities.
The business and affairs of the a national bank shall 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]