12 CFR 9.100

§ 9.100 Acting as indenture trustee and creditor.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 9.100, § 9.100 Acting as indenture trustee and creditor, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43049
Permanent ID: ys:prov:43049@1
SHA-256: f363eae189aa170ceccef3f0696debd0f8b695c48099527eb81d1235eb0e2959

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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.