12 CFR 390.425
§ 390.425 Delayed or continuous offering and sale of securities.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 390.425, § 390.425 Delayed or continuous offering and sale of securities, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47300
- Permanent ID
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Full text
Any offer or sale of securities under § 390.411 may be made on a continuous or delayed basis in the future, if:
(a) The securities would satisfy all of the eligibility requirements of the Commission's Rule 415, 17 CFR 230.415; and
(b) The association issuing the securities is in compliance with the FDIC's regulatory capital requirements during the time the offering is made.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.