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Code · CFR · Title 12 — Banks and Banking · Part 741 — Requirements for Insurance · § 741.226

§ 741.226. Subordinated Debt.

67 words·~1 min read·/us/cfr/t12/s§ 741.226·

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Any credit union that is insured, or that makes application for insurance, pursuant to title II of the Act must follow the requirements of subpart D of part 702 of this chapter before it may issue Subordinated Debt, as that term is defined in § 702.402 of this chapter, and to the extent not inconsistent with applicable state law and regulation. [86 FR 11085, Feb. 23, 2021]
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