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12 CFR § 141.7 - Corporate debt security.

---
identifier: "/us/cfr/t12/s141.7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 141.7 - Corporate debt security."
title_number: 12
title_name: "Banks and Banking"
section_number: "141.7"
section_name: "Corporate debt security."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "141"
part_name: "DEFINITIONS FOR REGULATIONS AFFECTING FEDERAL SAVINGS ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B)."
regulatory_source: "76 FR 48990, Aug. 9, 2011, unless otherwise noted."
cfr_part: "141"
---

# 141.7 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.