12 CFR 163.5 – Securities: Statement of non-insurance
Current as of: 2024 | Check for updates
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Every security issued by a Federal savings association must include in its provisions a clear statement that the security is not insured by the Federal Deposit Insurance Corporation.
Terms Used In 12 CFR 163.5
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.