12 C.F.R. § 390.425

Current through November 30, 2024

Section 390.425 - Delayed or continuous offering and sale of securities

Any offer or sale of securities under § 390.411 may be made on a continuous or delayed basis in the future, if:

(a) The securities would satisfy all of the eligibility requirements of the Commission's Rule 415, 17 CFR 230.415 ; and

(b) The association issuing the securities is in compliance with the FDIC's regulatory capital requirements during the time the offering is made.

12 C.F.R. §390.425