Common use of Board of Directors Oversight Clause in Contracts

Board of Directors Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 2 contracts

Samples: Written Agreement, Written Agreement (Newnan Coweta Bancshares Inc)

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Board of Directors Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner a written plan to strengthen improve board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

Board of Directors Oversight. Within 60 days of this Agreement, the Bank’s board of directors of the Bank and management shall submit to the Reserve Bank and the Commissioner a Bureau an acceptable written plan to strengthen establish and maintain effective board oversight oversight, control, and supervision of the Bank’s senior management and the major operations and activities of the Bank. The plan shallshall address, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

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Board of Directors Oversight. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and the Commissioner OFIR a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

Appears in 1 contract

Samples: Written Agreement

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