C.F.R. » Title 12 » CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY › PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS

12 C.F.R. § 9.100

Acting as indenture trustee and creditor

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With respect to a debt securities issuance, a national bank may act both as indenture trustee and as creditor until 90 days after default, if the bank maintains adequate controls to manage the potential conflicts of interest.