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Current as of January 01, 2024 | Updated by Findlaw Staff
The president of the bank shall be a member of the board and shall be the chairman thereof, but the board may designate a director in lieu of the president to be chairman of the board, who shall perform such duties as may be designated by the board.
Cite this article: FindLaw.com - 12 U.S.C. § 76 - U.S. Code - Unannotated Title 12. Banks and Banking § 76. President of bank as member of board; chairman of board - last updated January 01, 2024 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-76/
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