# 12 CFR § 1.6: Convertible securities

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1.6

## Section

- **Citation:** 12 CFR § 1.6
- **Heading:** Convertible securities
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY > PART 1—INVESTMENT SECURITIES

## Text

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

## Nearby sections

- [12 CFR § 1.1 § 1.1 Authority, purpose, scope, and reservation of authority.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1.1.md)
- [12 CFR § 1.2 § 1.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1.2.md)
- [12 CFR § 1.6 § 1.6 Convertible securities.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1.6.md)
- [12 CFR § 1.7 § 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/ecfr-12-1.7.md)
- [12 CFR § 2.1 § 2.1 Authority, purpose, and scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-2.1.md)
- [12 CFR § 2.2 § 2.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-2.2.md)
- [12 CFR § 2.5 § 2.5 Bank compensation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-2.5.md)
- [12 CFR § 5.1 § 5.1 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-5.1.md)
- [12 CFR § 8.1 § 8.1 Scope and application.](https://www.frixlaw.com/law-library/statutes/ecfr-12-8.1.md)
- [12 CFR § 8.6 § 8.6 Fees for special examinations and investigations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-8.6.md)
- [12 CFR § 10.1 § 10.1 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-10.1.md)
- [12 CFR § 11.3 § 11.3 Filing requirements and inspection of documents.](https://www.frixlaw.com/law-library/statutes/ecfr-12-11.3.md)
- [12 CFR § 11.4 § 11.4 Filing fees.](https://www.frixlaw.com/law-library/statutes/ecfr-12-11.4.md)
- [12 CFR § 12.5 § 12.5 Notification by agreement; alternative forms and times of notification.](https://www.frixlaw.com/law-library/statutes/ecfr-12-12.5.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1.6. Check the current official text before relying on it. Not legal advice.
