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§ 1406. Oaths of directors or trustees

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 14. Directors or Trustees; Officers, Employees and Attorneys (Refs & Annos)
7 P.S. § 1406
§ 1406. Oaths of directors or trustees
Currentness
(a) Each director or trustee shall before assuming office take an oath or affirmation that he will diligently and honestly perform his duties in the administration of the affairs of the institution, that he will not permit a wilful violation of law by the institution and that he meets the eligibility requirements of this act and of the articles and by-laws.
(b) The oath or affirmation shall be signed by the director or trustee and immediately sent to the department for filing.

Credits

1965, Nov. 30, P.L. 847, No. 356, § 1406.
7 P.S. § 1406, PA ST 7 P.S. § 1406
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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