SAFEGUARDS AGAINST INSIDER ABUSE.

SEC. 306. SAFEGUARDS AGAINST INSIDER ABUSE. (a) * * * * * * * * * * (o) [12 U.S.C. 375b nt.] Reporting of Credit by Executive Officers and Directors.—An executive officer or director of an insured depository institution, a bank holding company, or a savings and loan holding company, the shares of which are not publicly traded, shall report annually to the board of directors of the institution or holding company the outstanding amount of any credit that was extended to such executive officer or director and that is secured by shares of the institution or holding company. * * * * * * *