---
kind: "section"
citation: "12 C.F.R. § 168.2"
title: "12"
number: "168.2"
heading: "Designation of security officer."
url: "https://uscodex.org/cfr/12/168.2"
---

# §168.2. Designation of security officer.


Within 30 days after the effective date of insurance of accounts, the board of directors of each Federal savings association 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 of the association's offices.


## Notes

### Authority

Authority: 12 U.S.C. 1462a, 1463, 1464, 1467a, 1828, 1831p-1, 1881-1884, 5412(b)(2)(B); 15 U.S.C. 1681s and 1681w; 15 U.S.C. 6801 and 6805(b)(1).

### Source

Source: 76 FR 49129, Aug. 9, 2011, unless otherwise noted.