§1.6. Convertible securities.
12 C.F.R. § 1.6
A national bank may not purchase securities convertible into stock at the option of the issuer.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1 et seq., 24 (Seventh), and 93a.
Source
Source: 61 FR 63982, Dec. 2, 1996, unless otherwise noted.