Section 29Part 1 — Principles for the Selection of Directors Representing Regional Members
Selection of Directors Representing Regional Members
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Of the five (5) directors to be selected pursuant to paragraph 1(a)(i) of Article 29:
one (1) director shall be selected by each of the governors representing the two (2) regional members having the largest number of shares of the capital stock of the Bank;
three (3) shall be selected by the Governors representing the other regional members.