Holders of proxies.

CFR · 2024-01-01 · US · Title 12

No proxy of a mutual savings association with a term greater than eleven months or solicited at the expense of the association may designate as holder anyone other than the board of directors [trustees] as a whole, or a committee appointed by a majority of such board.

official document · source cfr-2024 · id 12:§ 169.3