12 CFR 163.33 - Directors, officers, and employees

Cite as12 CFR 163.33
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4 practice notes
1 cases
  • Hullick v. Gib. Private Bank & Trust Co., No. 3D18-0203
    • United States
    • Court of Appeal of Florida (US)
    • 18 Septiembre 2019
    ..."[a] majority of the directors must not be salaried officers or employees of the savings association or of any subsidiary thereof." 12 C.F.R. § 163.33(a)(1)(i). Hullick argues that because Gibraltar's Board of Directors is comprised of a majority of non-employee directors, Geddes does not a......

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