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12 CFR 326.2

§ 326.2 Designation of security officer.

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

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12 CFR 326.2, § 326.2 Designation of security officer, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46518
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Full text

Upon the issuance of Federal deposit insurance, the board of directors of each institution 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 banking office.

Legislative history

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