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#210724 - 07/14/04 02:50 PM Directors owning stock
Anonymous
Unregistered

Does anyone know if it is a requirement by the state of Pennsylvania that members of the Board of Directors of a bank holding company own stock in that holding company?

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#210725 - 07/21/04 02:35 PM Re: Directors owning stock
complyguy Offline
Gold Star
complyguy
Joined: May 2001
Posts: 494
PA
I can't answer for PA Dept of Banking. Our BHC, as part of its charter, does require directors to own a certain par value of shares.

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