§ 326.2. Designation of security officer.
56 words·~1 min read·
/us/cfr/t12/s§ 326.2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the issuance of Federal deposit insurance, the board of directors of each institution shall designate a security officer who shall have the authority, subject to the approval of the board of directors, to develop, within a reasonable time, but no later than 180 days, and to administer a written security program for each banking office.