core capital

(2) Core capital The term “core capital” means, with respect to the Corporation, the sum of the following (as determined in accordance with generally accepted accounting principles): (A) The par value of outstanding common stock. (B) The par value of outstanding preferred stock. (C) Paid-in capital. (D) Retained earnings.


12 USC § 2279bb(2)

Scoping language

For purposes of this part
Is this correct? or