12 CFR 541.7 - Corporate debt security.
The term corporate debt security means a marketable obligation, evidencing the indebtedness of any corporation in the form of a bond, note and/or debenture which is commonly regarded as a debt security and is not predominantly speculative in nature. A security is marketable if it may be sold with reasonable promptness at a price which corresponds reasonably to its fair value.
Title 12 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 12 CFR Part 541.