legal · go-v.org

National bank preemptive rights.

CFR · 2024-01-01 · US · Title 12

A national bank in its articles of association must grant or deny preemptive rights to the bank's shareholders. Any amendment to a national bank's articles of association which modifies such preemptive rights must be approved by a vote of the holders of two-thirds of the bank's outstanding voting shares.

official document · source cfr-2024 · id 12:§ 7.2021