Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024
§ 1.6 - Convertible securities.

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

authority: 12 U.S.C. 1
source: 61 FR 63982, Dec. 2, 1996, unless otherwise noted.
cite as: 12 CFR 1.6