Section 8.05. Branch supervision.  


Latest version.
  • Periodic audits shall be made of the books, records and operating procedures at each branch. These audits will be reviewed by an officer of the bank. The audits are to be unannounced and are to be conducted at least quarterly. All components of branch operations need not be covered in every audit.
Cr. Register, April, 1985, No. 352 , eff. 5-1-85; am. Register, August, 1990, No. 416 , eff. 9-1-90; reprinted to correct error, Register, November, 1990, No. 419 .