12 CFR 168.2 - Designation of security officer.

Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024

View all text of Part 168 [§ 168.1 - § 168.5]

§ 168.2 - Designation of security officer.

Within 30 days after the effective date of insurance of accounts, the board of directors of each Federal savings association 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 of the association's offices.

authority: 12 U.S.C. 1462a,1463,1464,1467a,1828,1831p,1881,5412; 15 U.S.C. 1681s and 1681w; 15 U.S.C. 6801 and 6805(b)(1)

source: 76 FR 49129, Aug. 9, 2011, unless otherwise noted.

cite as: 12 CFR 168.2