Maximum amount of Participating Securities for any Licensee.

CFR · 2024-01-01 · US · Title 13

The maximum amount of Participating Securities you may have outstanding at any time is 200 percent of your Leverageable Capital. If you are a Section 301(d) Licensee, the maximum combined amount of Participating Securities and Preferred Securities you may have outstanding at any time is 200 percent of your Leverageable Capital.

official document · source cfr-2024 · id 13:§ 107.1170