§7.2022. National bank voting trusts.
12 C.F.R. § 7.2022
The shareholders of a national bank may establish a voting trust under the applicable law of a State selected by the participants and designated in the trust agreement, provided the implementation of the trust is consistent with safe and sound banking practices.
Notes, amendments, and revision history
Amendments
[61 FR 4862, Feb. 9, 1996, as amended at 85 FR 83736, 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 83736, Dec. 22, 2020]