# 12 C.F.R. § 1.6 (2026): Convertible securities

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_6

## Section

- **Citation:** 12 C.F.R. § 1.6 (2026)
- **Heading:** Convertible securities
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** 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.

## Text

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

## Nearby sections

- [12 C.F.R. § 1.1 (2026) § 1.1   Authority, purpose, scope, and reservation of authority.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_1.md)
- [12 C.F.R. § 1.2 (2026) § 1.2   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_2.md)
- [12 C.F.R. § 1.3 (2026) § 1.3   Limitations on dealing in, underwriting, and purchase and sale of securities.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_3.md)
- [12 C.F.R. § 1.4 (2026) § 1.4   Calculation of limits.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_4.md)
- [12 C.F.R. § 1.5 (2026) § 1.5   Safe and sound banking practices; credit information required.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_5.md)
- [12 C.F.R. § 1.6 (2026) § 1.6   Convertible securities.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_6.md)
- [12 C.F.R. § 1.7 (2026) § 1.7   Securities held in satisfaction of debts previously contracted; holding period; disposal; accounting treatment; non-speculative purpose.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_7.md)
- [12 C.F.R. § 1.8 (2026) § 1.8   Nonconforming investments.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_8.md)
- [12 C.F.R. § 1.100 (2026) § 1.100   Indirect general obligations.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_100.md)
- [12 C.F.R. § 1.110 (2026) § 1.110   Taxing powers of a State or political subdivision.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_110.md)
- [12 C.F.R. § 1.120 (2026) § 1.120   Prerefunded or escrowed bonds and obligations secured by Type I securities.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_120.md)
- [12 C.F.R. § 1.130 (2026) § 1.130   Type II securities; guidelines for obligations issued for university and housing purposes.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_130.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P1_S1_6. Check the current official text before relying on it. Not legal advice.