§741.226. Subordinated Debt.
12 C.F.R. § 741.226
Any credit union that is insured, or that makes application for insurance, pursuant to title II of the Act must follow the requirements of subpart D of part 702 of this chapter before it may issue Subordinated Debt, as that term is defined in § 702.402 of this chapter, and to the extent not inconsistent with applicable state law and regulation.
Notes, amendments, and revision history
Amendments
[86 FR 11085, Feb. 23, 2021]
Authority
Authority: 12 U.S.C. 1757, 1766(a), 1781-1790, 1790d, 3331 et seq; 31 U.S.C. 3717.
Source
Source: 60 FR 58504, Nov. 28, 1995, unless otherwise noted.
Amendments
[86 FR 11085, Feb. 23, 2021]