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Code · CFR · Title 12 — Banks and Banking · Part 390 — Regulations Transferred from the Office of Thrift Supervision · § 390.425

§ 390.425. Delayed or continuous offering and sale of securities.

63 words·~1 min read·/us/cfr/t12/s§ 390.425·

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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.
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§ 390.425
Delayed or continuous offering and sale of securities.
C.F.R.§ 230.415
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