1. Regulations
  2. title 12
  3. chapter I
  4. part 1
  5. § 1.6

View all text of Part 1 [§ 1.1 - § 1.130]

§ 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