[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR267.4]

[Page 798]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 267--RULES OF ORGANIZATION AND PROCEDURE OF THE CONSUMER ADVISORY COUNCIL--Table of Contents
 
Sec. 267.4  Officers.

    (a) Chairman. The Board shall appoint a Chairman and a Vice Chairman 
from among the members of the Council, who shall serve at the pleasure 
of the Board. The Chairman, or in the Chairman's absence the Vice 
Chairman, shall preside at all meetings of the Council. The Board may 
appoint a Chairman pro tem who shall preside at a meeting of the Council 
in the absence of the Chairman and Vice Chairman.
    (b) Secretary. The Board shall designate a member of its staff, who 
may but need not be the representative described in Sec. 267.5(c), to 
act as Secretary of the Council. The Secretary shall record and maintain 
minutes of the meetings of the Council. Minutes of each meeting shall 
contain, among other things, a record of the persons present, a 
description of the matters discussed, and recommendations made. The 
person acting as Secretary at a meeting shall certify to the accuracy of 
the minutes of that meeting.