{"id":"AGY-FED-FINANCIAL-019","kind":"context","level":"federal","jurisdiction":"United States; Office of the Comptroller of the Currency (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Office of the Comptroller of the Currency","authority":"12 U.S.C. § 93a; § 1464","instrument":"OCC Bulletin 2020-51","title":"Corporate Governance: Annual Meetings and the COVID-19 Emergency","dateIssued":"2020-05-12","effective":"2020-05-12","end":"Superseded in part by the IFR of May 28, 2020 (Ex. 020); not rescinded within the period","startDate":"2020-05-12","endDate":"2020-05-28","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["GATH","OTHER"],"addressees":["Chief Executive Officers of All National Banks, Federal Savings Associations"],"clause":"[Banks may be unable to hold] their annual meetings as a result of stay-at-home and similar orders and potential [health concerns].... For national banks, the requirement to hold an annual meeting is governed by state [law].... For FSAs, the requirement to hold an annual meeting is governed by OCC regulations.","enforcement":"Supervisory bulletin; 12 C.F.R. part 5","functions":["OP corporate governance (annual shareholder meetings moved, postponed or held virtually)","MK shareholder relations","CB shareholders"],"notes":"The OCC\u0027s own statement that stay-at-home orders prevented banks from holding annual meetings","sourceUrl":"https://www.occ.gov/news-issuances/bulletins/2020/bulletin-2020-51.html","snapshot":"","fileExists":true,"fileBytes":76422,"grade":"primary","character":"context","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-019","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-019","citation":"Office of the Comptroller of the Currency, OCC Bulletin 2020-51 (May 12, 2020) (Ex. AGY-FED-FINANCIAL-019)","stateName":"","related":["SEC-13-GM-026","SEC-13-GM-027","SEC-13-GM-029","SEC-13-GM-126","AGY-FED-FINANCIAL-020","AGY-FED-FINANCIAL-013","AGY-FED-FINANCIAL-004"]}