R333-8-5

R333-8-5. Use as Capital

Last amended: 2022Length: 47 wordsOfficial source

Cite as Utah Admin. Code R333-8-5

The outstanding principal amount of all mandatory convertible securities and all subordinated capital notes or debentures not maturing within one year shall be added to the capital of the issuing bank for the purpose of determining the amount of "total capital" under the provisions of Section 7-3-19.
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