12 CFR § 7.2004 - Honorary national bank directors or advisory boards.

---
identifier: "/us/cfr/t12/s7.2004"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 7.2004 - Honorary national bank directors or advisory boards."
title_number: 12
title_name: "Banks and Banking"
section_number: "7.2004"
section_name: "Honorary national bank directors or advisory boards."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "7"
part_name: "ACTIVITIES AND OPERATIONS"
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. 1  25b, 29, 71, 71a, 92, 92a, 93, 93a, 95(b)(1), 371, 371d, 481, 484, 1462a, 1463, 1464, 1465, 1818, 1828, 3102(b), and 5412(b)(2)(B)."
regulatory_source: "61 FR 4862, Feb. 9, 1996, unless otherwise noted."
cfr_part: "7"
---


# 7.2004 Honorary national bank directors or advisory boards.

A national bank may appoint honorary or advisory members of a board of directors to act in advisory capacities without voting power or power of final decision in matters concerning the business of the bank. Any listing of honorary or advisory directors must distinguish between them and the bank's board of directors or indicate their advisory status.