US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter III — FEDERAL DEPOSIT INSURANCE CORPORATIONPart 390 — REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISIONSubpart Q — Definitions for Regulations Affecting All State Savings Associations390.31212 C.F.R. § 390.312Subordinated debt security.Last amended: 2016Year: 2026Length: 38 wordsOfficial source Cite as 12 C.F.R. § 390.312 (2026)The term subordinated debt security means any unsecured note, debenture, or other debt security issued by a State savings association and subordinated on liquidation to all claims having the same priority as account holders or any higher priority.Previous12 C.F.R. § 390.311Next12 C.F.R. § 390.313