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<CFRGRANULE xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="CFRMergedXML.xsd">
  <FDSYS>
    <CFRTITLE>12</CFRTITLE>
    <CFRTITLETEXT>Banks and Banking</CFRTITLETEXT>
    <VOL>1</VOL>
    <DATE>2003-01-01</DATE>
    <ORIGINALDATE>2003-01-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Convertible securities.</TITLE>
    <GRANULENUM>1.6</GRANULENUM>
    <HEADING>Section 1.6</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 12" SEQ="2">Banks and Banking</PARENT>
      <PARENT HEADING="CHAPTER I" SEQ="1">COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY</PARENT>
      <PARENT HEADING="PART 1" SEQ="0">INVESTMENT SECURITIES</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 1.6</SECTNO>
    <SUBJECT>Convertible securities.</SUBJECT>
    <P>A national bank may not purchase securities convertible into stock at the option of the issuer.</P>
  </SECTION>
</CFRGRANULE>
