US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter I — COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURYPart 1 — INVESTMENT SECURITIES1.612 C.F.R. § 1.6Convertible securities.Last amended: 2017Year: 2026Length: 16 wordsOfficial source Cite as 12 C.F.R. § 1.6 (2026)A national bank may not purchase securities convertible into stock at the option of the issuer.Previous12 C.F.R. § 1.5Next12 C.F.R. § 1.7