Title 12Banks and BankingRelease 119-73not60

§21a Amendment of Articles of Association

Title 12 › Chapter 2— NATIONAL BANKS › Subchapter I— ORGANIZATION AND GENERAL PROVISIONS › § 21a

Last updated Apr 3, 2026|Official source

Summary

National banks may change their articles of association for any lawful reason, unless a law or their own articles say they cannot. Such changes must be approved by holders of a majority of the voting shares at a stockholders’ meeting. The meeting needs notice mailed at least ten days before, unless all stockholders entitled to notice waive it. A certified copy of every adopted amendment must be sent to the Comptroller of the Currency to be filed and preserved.

Full Legal Text

Title 12, §21a

Banks and Banking — Source: USLM XML via OLRC

Except as otherwise specifically provided by law, or by the articles of association of the particular national banking association, the articles of association of a national banking association may be amended with respect to any lawful matter, and any action requiring the approval of the stockholders of such association may be had by the approving vote of the holders of a majority of the voting shares of the stock of the association obtained at a meeting of the stockholders called and held pursuant to notice given by mail at least ten days prior to the meeting or pursuant to a waiver of such notice given by all stockholders entitled to receive notice of such meeting. A certified copy of every amendment to the articles of association adopted by the shareholders of a national banking association shall be forwarded to the Comptroller of the Currency, to be filed and preserved in his office.

Reference

Citations & Metadata

Citation

12 U.S.C. § 21a

Title 12Banks and Banking

Last Updated

Apr 3, 2026

Release point: 119-73not60