Banks owned or controlled — officers and directors.

An individual who is a director or an officer of a bank holding company, as specified by section 524.1801 , is deemed to be a director or an officer, or both, as the case may be, of each bank so owned or controlled by that bank holding company, for the purposes of sections 524.612 , 524.613 and 524.706 , and for the purposes of 12 C.F.R. pt. 215 . [C73, 75, 77, 79, 81, §524.1806 ] 95 Acts, ch 148, §134 ; 2017 Acts, ch 138, §10 Referred to in §524.1807