Code of Federal Regulations · Section
§ 9.100 — Acting As Indenture Trustee And Creditor
12 C.F.R. § 9.100
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With respect to a debt securities issuance, a national bank may act both as indenture trustee and as creditor until 90 days after default, if the bank maintains adequate controls to manage the potential conflicts of interest.
Authorizing Statute
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Records and reports15 U.S.C. § 78q
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Corporate powers of associations12 U.S.C. § 24