---
kind: "section"
citation: "31 C.F.R. § 802.209"
title: "31"
number: "802.209"
heading: "Conversion."
url: "https://uscodex.org/cfr/31/802.209"
---

# §802.209. Conversion.


The term conversion means the exercise of a right inherent in the ownership or holding of a particular financial instrument to exchange any such instrument for an equity interest.


## Notes

### Authority

Authority: 50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677.

### Source

Source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.