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How May a Bank Limit the Definition of Executive Officer

Question 126

Multiple Choice

How may a bank limit the definition of executive officer?


A) By strictly defining, in writing, the duties and responsibilities of the officers to be excluded from the definition
B) By passing a board of director's resolution setting forth the bank's definition of an executive officer
C) By requiring that those officers to be excluded from the definition not attend loan committee meetings or loan review meetings
D) By limiting the amount of confidential information given to those officers to be excluded from the definition

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