12 C.F.R. · Banks and Banking
12 C.F.R. § 7.2011

National bank compensation plans.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 7.2011 — National bank compensation plans.

§ 7.2011 National bank compensation plans. Consistent with safe and sound banking practices and the compensation provisions of 12 CFR part 30, a national bank may adopt compensation plans, including, among others, the following: (a) Bonus and profit-sharing plans. A national bank may adopt a bonus or profit-sharing plan designed to ensure adequate remuneration of bank officers and employees. (b) Pension plans. A national bank may provide employee pension plans and make reasonable contributions to the cost of the pension plan. (c) Employee stock option and stock purchase plans. A national bank may provide employee stock option and stock purchase plans.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR12-SEC-DA1382
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
12 C.F.R. § 7.2011
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CFR — Code of Federal Regulations
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PRIMARY-SOURCE
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✓ TRUE
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The regulatory text of 12 C.F.R. § 7.2011 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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