12 CFR 168.2

§ 168.2 Designation of security officer.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 168.2, § 168.2 Designation of security officer, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43893
Permanent ID: ys:prov:43893@1
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Full text

Within 30 days after the effective date of insurance of accounts, the board of directors of each Federal savings association shall designate a security officer who shall have the authority, subject to the approval of the board of directors, to develop, within a reasonable time but no later than 180 days, and to administer a written security program for each of the association's offices.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.