# 12 C.F.R. § 390.417 (2026): Use of the offering circular

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_417

## Section

- **Citation:** 12 C.F.R. § 390.417 (2026)
- **Heading:** Use of the offering circular
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter III: FEDERAL DEPOSIT INSURANCE CORPORATION / Part 390: REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISION / Subpart W: Securities Offerings / § 390.417: § 390.417   Use of the offering circular.

## Text

(a) An offering circular or amendment declared effective by the FDIC shall not be used more than nine months after the effective date, unless the information contained therein is as of a date not more than 16 months prior to such use.
(b) An offering circular filed under § 390.414(b)(3) shall not extend the period for which an effective offering circular or amendment may be used under paragraph (c) of this section.
(c) If any event arises, or change in fact occurs, after the effective date and such event or change in fact, individually or in the aggregate, results in the offering circular containing any untrue statement of material fact, or omitting to state a material fact necessary in order to make statements made in the offering circular not misleading under the circumstances, then no offering circular, which has been declared effective under this subpart, shall be used until an amendment reflecting such event or change in fact has been filed with, and declared effective by, the FDIC.

## Nearby sections

- [12 C.F.R. § 390.410 (2026) § 390.410   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_410.md)
- [12 C.F.R. § 390.411 (2026) § 390.411   Offering circular requirement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_411.md)
- [12 C.F.R. § 390.412 (2026) § 390.412   Exemptions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_412.md)
- [12 C.F.R. § 390.413 (2026) § 390.413   Non-public offering.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_413.md)
- [12 C.F.R. § 390.414 (2026) § 390.414   Filing and signature requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_414.md)
- [12 C.F.R. § 390.415 (2026) § 390.415   Effective date.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_415.md)
- [12 C.F.R. § 390.416 (2026) § 390.416   Form, content, and accounting.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_416.md)
- [12 C.F.R. § 390.417 (2026) § 390.417   Use of the offering circular.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_417.md)
- [12 C.F.R. § 390.418 (2026) § 390.418   Escrow requirement.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_418.md)
- [12 C.F.R. § 390.419 (2026) § 390.419   Unsafe or unsound practices.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_419.md)
- [12 C.F.R. § 390.420 (2026) § 390.420   Withdrawal or abandonment.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_420.md)
- [12 C.F.R. § 390.421 (2026) § 390.421   Securities sale report.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_421.md)
- [12 C.F.R. § 390.422 (2026) § 390.422   Public disclosure and confidential treatment.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_422.md)
- [12 C.F.R. § 390.423 (2026) § 390.423   Waiver.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_423.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P390_S390_417. Check the current official text before relying on it. Not legal advice.