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§ 1.6 Convertible securities.

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Title 12 CFR: Banks and Banking › Chapter I: COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY › Part 1: INVESTMENT SECURITIES › § 1.6: § 1.6 Convertible securities.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

A national bank may not purchase securities convertible into stock at the option of the issuer.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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