---
kind: "section"
citation: "12 C.F.R. § 141.7"
title: "12"
number: "141.7"
heading: "Corporate debt security."
url: "https://uscodex.org/cfr/12/141.7"
---

# §141.7. Corporate debt security.


The term corporate debt security means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note and/or debenture which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.


## Notes

### Authority

Authority: 12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B).

### Source

Source: 76 FR 48990, Aug. 9, 2011, unless otherwise noted.