12 USC 376 – Rate of interest paid to directors, etc.
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No member bank shall pay to any director, officer, attorney, or employee a greater rate of interest on the deposits of such director, officer, attorney, or employee than that paid to other depositors on similar deposits with such member bank.
Terms Used In 12 USC 376
- officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1