§ 7.2022. National bank voting trusts.
57 words·~1 min read·
/us/cfr/t12/s§ 7.2022·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The shareholders of a national bank may establish a voting trust under the applicable law of a State selected by the participants and designated in the trust agreement, provided the implementation of the trust is consistent with safe and sound banking practices. [61 FR 4862, Feb. 9, 1996, as amended at 85 FR 83736, Dec. 22, 2020]