12 CFR 269.7
§ 269.7 Approval of agreement and required contents.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 269.7, § 269.7 Approval of agreement and required contents, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45800
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Full text
Any agreement entered into with a labor organization as the exclusive representative of employees in a unit must be approved by the President of the Bank or a designated officer representative. All agreements with labor organizations shall also be subject to the requirement that the administration of all matters covered by the agreement shall be governed by the provisions of applicable laws and Federal Reserve System rules and regulations, and the agreement shall at all times be applied subject to such laws and regulations.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.