Non-Fiction Books:

Duties and Responsibilitis of Directors

Comptroller's Handbook (Section 501)
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Paperback / softback
$43.00
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Description

Directors are placed in positions of trust by the bank's shareholders, and bothstatute and common law place responsibility for the management of a bankfirmly and squarely on the board of directors. The directors of a national bankmay delegate the day-to-day routine of conducting the bank's business to theirofficers and employees, but they cannot delegate their responsibility for theconsequences of unsound or imprudent policies and practices whether itinvolves lending, investing, protecting against internal fraud, or any otherbanking activity. The directorate is responsible to its depositors andshareholders for safeguarding their interests through the lawful, informed, efficient, and able administration of the institution
Release date NZ
January 1st, 2015
Audience
  • General (US: Trade)
Pages
34
Dimensions
216x279x2
ISBN-13
9781503311541
Product ID
37708493

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