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12 CFR--PART 704

View Printed Federal Register page 85 FR 71826 in PDF format.

Amendment(s) published November 12, 2020, in 85 FR 71826

Effective Dates: Dec. 14, 2020

8. Revise §704.14(a)(2) to read as follows:

§704.14   Representation.

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(a) *  *  *

(2) Only an individual who currently holds a senior staff position (e.g., position of chief executive officer, chief financial officer, chief operating officer, chief information officer, chief risk officer, treasurer/manager, etc.) at a member credit union, and will hold that position at the time he or she is seated on the corporate credit union board if elected, may seek election or re-election to the corporate credit union board;

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