Code of Federal Regulations · Section
§ 7.2021 — National Bank Preemptive Rights
12 C.F.R. § 7.2021
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A national bank in its articles of association must grant or deny preemptive rights to the bank's shareholders. Any amendment to a national bank's articles of association which modifies such preemptive rights must be approved by a vote of the holders of two-thirds of the bank's outstanding voting shares.
Authorizing Statute
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Office of the Comptroller of the Currency12 U.S.C. § 1