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12 CFR 791.2

§ 791.2 Number of votes required for board action.

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

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12 CFR 791.2, § 791.2 Number of votes required for board action, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48990
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Full text

The agreement of at least two of the three Board members is required for any action by the Board.

Legislative history

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