The outstanding principal amount of all mandatory convertible securities and all subordinated capital notes or debentures not maturing within one year shall be added to the capital of the issuing bank for the purpose of determining the amount of "total capital" under the provisions of Section 7-3-19.

KEY: banks and banking

Date of Last Change: 1995

Notice of Continuation: September 8, 2022

Authorizing, and Implemented or Interpreted Law: 7-1-301(8)(e); 7-3-28