12 CFR § 161.18 - Director.

---
identifier: "/us/cfr/t12/s161.18"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 161.18 - Director."
title_number: 12
title_name: "Banks and Banking"
section_number: "161.18"
section_name: "Director."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "161"
part_name: "DEFINITIONS FOR REGULATIONS AFFECTING ALL SAVINGS ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1462a, 1463, 1464, 1467a, 5412(b)(2)(B)."
regulatory_source: "76 FR 49043, Aug. 9, 2011, unless otherwise noted."
cfr_part: "161"
---


# 161.18 Director.

(a) The term *director* means any director, trustee, or other person performing similar functions with respect to any organization whether incorporated or unincorporated. Such term does not include an advisory director, honorary director, director emeritus, or similar person, unless the person is otherwise performing functions similar to those of a director.

(b) [Reserved]