C.F.R. » Title 12 » CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY › PART 21—MINIMUM SECURITY DEVICES AND PROCEDURES, REPORTS OF SUSPICIOUS ACTIVITIES, AND BANK SECRECY ACT COMPLIANCE PROGRAM › Subpart A—Minimum Security Devices and Procedures

12 C.F.R. § 21.2

Designation of security officer

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

Within 30 days after the opening of a new bank, the Bank's board of directors shall designate a security officer who shall have the authority, subject to the approval of the board of directors, for immediately developing and administering a written security program to protect each banking office from robberies, burglaries, and larcenies and to assist in identifying and apprehending persons who commit such acts.

(Approval by the Office of Management and Budget under control number 1557-0180)
Notes of Decisions
Cited in 2 cases, 1988–1996 · leading case: Deese v. NationsBank of Georgia, N.A., 474 S.E.2d 18 (Ga. Ct. App. 1996).
Sort: Relevance Newest Treatment
Deese v. NationsBank of Georgia, N.A., 474 S.E.2d 18 (Ga. Ct. App. 1996). · cites it 2× “The security programs must establish procedures for opening the bank for business, training the employees in their responsibilities under the security program during a robbery, and selecting and maintaining security devices. 12 CFR § 21.3 (a)(1), (3), & (4).”
Grillo v. Nat'l Bank of Washington, 540 A.2d 743 (D.C. 1988). “Under one of the regulations promulgated thereunder, 12 C.F.R. § 21.2 (1983), each bank was required to designate a “security officer” to implement a security program that would “equal or exceed the standards prescribed by this part.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.