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Bank of Princeton amends bylaws

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Bank of Princeton amends bylaws

The boardof Princeton, N.J.-based Bank ofPrinceton amended its bylaws on April 28.

With thismove, the requirement that the bank's chairman or any acting chairman preside atmeetings of the executive committee during the absence of the committeechairman has been removed.

Thechairman or any acting chairman is also no longer required to preside atmeetings of the loan committee and the asset/liability-investment committee duringthe absence of the committee chairman, and to be a member of all committees ofthe board, except the audit committee and the compensation/human resourcecommittee.