§ 850.205. Contingent equity interest.
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/us/cfr/t31/s§ 850.205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The term contingent equity interest means a financial interest (including debt) that currently does not constitute an equity interest but is convertible into, or provides the right to acquire, an equity interest upon the occurrence of a contingency or defined event or at the discretion of the U.S. person that holds the financial interest.