12 CFR § 1.6 Investment Securities

§ 1.6 Convertible securities.

Current through Oct 1, 2026 · Read all of Part 1

A national bank may not purchase securities convertible into stock at the option of the issuer.

← § 1.5 Safe and sound banking practices; credit information required.§ 1.7 Securities held in satisfaction of debts previously contracted; holding period; disposal; accounting treatment; non-speculative purpose. →