12 C.F.R. § 561.51   Subordinated debt security.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 561—DEFINITIONS FOR REGULATIONS AFFECTING ALL SAVINGS ASSOCIATIONS

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§ 561.51   Subordinated debt security.

The term subordinated debt security means any unsecured note, debenture, or other debt security issued by a savings association and subordinated on liquidation to all claims having the same priority as account holders or any higher priority.

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