Designation of security officer.

CFR · 2024-01-01 · US · Title 12

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.

official document · source cfr-2024 · id 12:§ 21.2