President as director of a national bank.

CFR · 2024-01-01 · US · Title 12

Pursuant to 12 U.S.C. 76, the person serving as, or in the function of, president of a national bank, regardless of title, must be a member of the board of directors. A director other than the person serving as, or in the function of, president may be elected chairman of the board.

official document · source cfr-2024 · id 12:§ 7.2012