1. Regulations
  2. title 12
  3. chapter II
  4. part 215
  5. § 215.10

View all text of Part 215 [§ 215.1 - § 215.12]

§ 215.10 - Reporting requirement for credit secured by certain bank stock.

Each executive officer or director of a member bank the shares of which are not publicly traded shall report annually to the board of directors of the member bank the outstanding amount of any credit that was extended to the executive officer or director and that is secured by shares of the member bank.

[Reg. O, 59 FR 8837, Feb. 24, 1994. Redesignated at 71 FR 71474, Dec. 11, 2006]

AUTHORITY: 12 U.S.C. 248(a), 375a(10), 375b(9) and (10), 1468, 1817(k), 5412; and Pub. L. 102-242, 105 Stat. 2236 (1991) (12 U.S.C. 1811 note).

SOURCE: Reg. O, 59 FR 8837, Feb. 24, 1994, unless otherwise noted.

CITE AS: 12 CFR 215.10