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Code · CFR · Title 12 — Banks and Banking · Part 215 — Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks (Regulation O) · § 215.10

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

70 words·~1 min read·/us/cfr/t12/s§ 215.10·

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