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12 U.S.C. § 76

President of bank as member of board; chairman of board

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 76, President of bank as member of board; chairman of board, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437126
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The president of the bank shall be a member of the board and shall be the chairman thereof, but the board may designate a director in lieu of the president to be chairman of the board, who shall perform such duties as may be designated by the board.

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