§7.2010. National bank directors' responsibilities.
12 C.F.R. § 7.2010
The business and affairs of a national bank must be managed by or under the direction of the board of directors. The board of directors should refer to OCC published guidance for additional information regarding responsibilities of directors.
Notes, amendments, and revision history
Amendments
[61 FR 4862, Feb. 9, 1996, as amended at 85 FR 83735, Dec. 22, 2020]
Authority
Authority: 12 U.S.C. 1 et seq., 25b, 29, 71, 71a, 92, 92a, 93, 93a, 95(b)(1), 371, 371d, 481, 484, 1462a, 1463, 1464, 1465, 1818, 1828, 3102(b), and 5412(b)(2)(B).
Source
Source: 61 FR 4862, Feb. 9, 1996, unless otherwise noted.
Amendments
[61 FR 4862, Feb. 9, 1996, as amended at 85 FR 83735, Dec. 22, 2020]