12 CFR 390.312

§ 390.312 Subordinated debt security.

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

Cite this

Citation: 12 CFR 390.312, § 390.312 Subordinated debt security, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47278
Permanent ID: ys:prov:47278@1
SHA-256: 2c58b4a028edb4ca4bf3ac2b9ff21f487fe9c02782f0bd1cfd17a81355c02a2b

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

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.

Legislative history

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