1. Regulations
  2. title 12
  3. chapter VII
  4. part 741
  5. subpart B
  6. § 741.226

View all text of Subpart B [§ 741.201 - § 741.228]

§ 741.226 - Subordinated Debt.

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.

[86 FR 11085, Feb. 23, 2021]

AUTHORITY: 12 U.S.C. 1757, 1766(a), 1781-1790, and 1790d; 31 U.S.C. 3717.

SOURCE: 60 FR 58504, Nov. 28, 1995, unless otherwise noted.

CITE AS: 12 CFR 741.226