Code of Federal Regulations · Section

§ 7.2021 — National Bank Preemptive Rights

12 C.F.R. § 7.2021

View:

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