legal · go-v.org

Designation of security officer.

CFR · 2024-01-01 · US · Title 12

Upon the issuance of Federal deposit insurance, the board of directors of each institution shall designate a security officer who shall have the authority, subject to the approval of the board of directors, to develop, within a reasonable time, but no later than 180 days, and to administer a written security program for each banking office.

official document · source cfr-2024 · id 12:§ 326.2