12 C.F.R. § 7.2021

National bank preemptive rights.

Last amended: 2021Year: 2026Length: 49 wordsOfficial source

Cite as 12 C.F.R. § 7.2021 (2026)

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.
12 C.F.R. § 7.2021: National bank preemptive rights. | Justis AI