Title 12
SECTION 7.2021
7.2021 Preemptive rights.
§ 7.2021 Preemptive rights. Link to an amendment published at 85 FR 83736, Dec. 22, 2020.A national bank in its articles of association must grant or deny preemptive rights to the bank's shareholders. Any amendment to a national bank's articles of association which modifies such preemptive rights must be approved by a vote of the holders of two-thirds of the bank's outstanding voting shares.