Utah Administrative Code (Current through November 1, 2019) |
R333. Financial Institutions, Banks |
R333-8. Authority for Banks to Issue Subordinated Capital Notes or Debentures |
R333-8-5. Use as Capital
Latest version.
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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.