12 C.F.R. § 390.312

Subordinated 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.