12 CFR 7.2002
§ 7.2002 National bank director or attorney as proxy.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 7.2002, § 7.2002 National bank director or attorney as proxy, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/42978
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Full text
Any person or group of persons, except the national bank's officers, clerks, tellers, or bookkeepers, may be designated to act as proxy for shareholder voting. The national bank's directors or attorneys may act as proxy for shareholder voting if they are not also employed as an officer, clerk, teller or bookkeeper of the bank.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.