legal · go-v.org

Actions affecting director elections.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) A Bank director, officer, attorney, employee or agent and the board of directors and Advisory Council (including members of the Council) of a Bank may support the candidacy of any individual nominated by the board of directors for election to an independent directorship. (c) (1) Communicate in any manner that a director, officer, attorney, employee, or agent of a Bank, directly or indirectly, supports or opposes the nomination or election of a particular individual for a directorship; or (2) Take any other action to influence the voting with respect to any particular individual.

official document · source cfr-2024 · id 12:§ 1261.9