12 CFR 141.7

§ 141.7 Corporate debt security.

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

Cite this

Citation: 12 CFR 141.7, § 141.7 Corporate debt security, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43679
Permanent ID: ys:prov:43679@1
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Full text

The term corporate debt security means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note and/or debenture which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.

Legislative history

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