12 CFR 1805.401 - Forms of investment instruments.

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There is 1 rule appearing in the Federal Register for 12 CFR Part 1805. View below or at eCFR (GPOAccess)
§ 1805.401 Forms of investment instruments.
(a) Equity. The Fund may make nonvoting equity investments in an Awardee, including, without limitation, the purchase of nonvoting stock. Such stock shall be transferable and, in the discretion of the Fund, may provide for convertibility to voting stock upon transfer. The Fund shall not own more than 50 percent of the equity of an Awardee and shall not control its operations.
(b) Grants. The Fund may award grants.
(c) Loans. The Fund may make loans, if permitted by applicable law.
(d) Deposits and credit union shares. The Fund may make deposits (which shall include credit union shares) in Insured CDFIs and State-Insured Credit Unions. Deposits in an Insured CDFI or a State-Insured Credit Union shall not be subject to any requirement for collateral or security.

Title 12 published on 2015-01-01.

The following are only the Rules published in the Federal Register after the published date of Title 12.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2015-04-10; vol. 80 # 69 - Friday, April 10, 2015
    1. 80 FR 19195 - Modification of CDFI Certification Requirements
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Community Development Financial Institutions Fund
      Interim rule.
      Effective on April 10, 2015. Comment due date: June 9, 2015.
      12 CFR Part 1805

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United States Code

Title 12 published on 2015-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 1805 after this date.

  • 2015-04-10; vol. 80 # 69 - Friday, April 10, 2015
    1. 80 FR 19195 - Modification of CDFI Certification Requirements
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Community Development Financial Institutions Fund
      Interim rule.
      Effective on April 10, 2015. Comment due date: June 9, 2015.
      12 CFR Part 1805