legal · go-v.org

Cumulative voting in election of national bank directors.

CFR · 2024-01-01 · US · Title 12

When electing national bank directors, a shareholder must have as many votes as the number of directors to be elected multiplied by the number of the shareholder's shares. If permitted by the national bank's articles of association, the shareholder may cast all

official document · source cfr-2024 · id 12:§ 7.2006