12 C.F.R. § 9.100   Acting as indenture trustee and creditor.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS
Interpretations

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§ 9.100   Acting as indenture trustee and creditor.

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.

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