Code of Federal Regulations · Section
§ 390.312 — Subordinated Debt Security
12 C.F.R. § 390.312
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The term subordinated debt security means any unsecured note, debenture, or other debt security issued by a State savings association and subordinated on liquidation to all claims having the same priority as account holders or any higher priority.
Authorizing Statute
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Corporate powers12 U.S.C. § 1819
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Definitions and application15 U.S.C. § 78c
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Definitions12 U.S.C. § 1462
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Administrative provisions12 U.S.C. § 1462a