12 CFR 541.5 - Commercial paper.

§ 541.5 Commercial paper.
The term commercial paper means any note, draft, or bill of exchange which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions, and which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited.

Title 12 published on 2014-01-01

no entries appear in the Federal Register after this date.

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United States Code