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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:
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.
Pension plans. A national bank may provide employee pension plans and make reasonable contributions to the cost of the pension plan.
Employee stock option and stock purchase plans. A national bank may provide employee stock option and stock purchase plans.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.
This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].
It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.
§ 1 - Office of the Comptroller of the Currency
§ 2 - Comptroller of the Currency; appointment; term
§ 3 - Oath of Comptroller
§ 4 - Deputy Comptrollers
§ 4a - Delegation of authority by Comptroller
§ 4b - Deputy Comptroller for the supervision and examination of Federal savings associations
§ 5, 6 - Repealed. Pub. L. 86–251, § 1(b), (c)(1), Sept. 9, 1959, 73 Stat. 487, 488
§ 7 - Chief of examining division
§ 8 - Clerks
§ 9 - Additional examiners, clerks, and other employees
§ 9a - Repealed. Pub. L. 89–554, § 8(a), Sept. 6, 1966, 80 Stat. 645
§ 10 - Salaries of Deputy Comptrollers, examiners, and other employees as part of bank examination expenses
§ 11 - Interest in national banks
§ 12 - Seal of Comptroller
§ 13 - Rooms for Currency Bureau
§ 14 - Report of Comptroller
§ 15 - Repealed. Aug. 7, 1946, ch. 770, § 1(40, 50), 60 Stat. 869, 870
§ 16 - Funding of Office
§ 25b - State law preemption standards for national banks and subsidiaries clarified
§ 71 - Election
§ 71a - Number of directors; penalties
§ 92 - Acting as insurance agent or broker
§ 92a - Trust powers
§ 93 - Violation of provisions of chapter
§ 93a - Authority to prescribe rules and regulations
§ 371 - Real estate loans
§ 371a - Repealed. Pub. L. 111–203, title VI, § 627(a)(1), July 21, 2010, 124 Stat. 1640
§ 481 - Appointment of examiners; examination of member banks, State banks, and trust companies; reports
§ 484 - Limitation on visitorial powers
§ 1465 - State law preemption standards for Federal savings associations clarified
§ 1818 - Termination of status as insured depository institution
§ 5412 - Powers and duties transferred
Title 12 published on 2015-01-01
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 7 after this date.
The Office of the Comptroller of the Currency (OCC) is adopting a final rule to integrate its rules relating to policies and procedures for corporate activities and transactions involving national banks and Federal savings associations, to revise some of these rules in order to eliminate unnecessary requirements consistent with safety and soundness and to promote fairness in supervision, and to make other technical and conforming changes. The OCC also is adopting amendments to update its rules for agency organization and function.