12 CFR 21.2
§ 21.2 Designation of security officer.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 21.2, § 21.2 Designation of security officer, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43232
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Full text
Within 30 days after the opening of a new bank, the Bank's board of directors shall designate a security officer who shall have the authority, subject to the approval of the board of directors, for immediately developing and administering a written security program to protect each banking office from robberies, burglaries, and larcenies and to assist in identifying and apprehending persons who commit such acts.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.