For purposes of this subpart:Capital distribution means any payment by the Bank, whether in cash or stock, of a dividend, any return of capital or retained earnings by the Bank to its shareholders, any transaction in which the Bank redeems or repurchases capital stock, or any transaction in which the Bank redeems, repurchases or retires any other instrument which is included in the calculation of its total capital.
CFR 12-1229.1-2013 history
2013CFR 12-1229.1-2013 Banks and banking. Part1229:Capital classifications and prompt corrective action. Section1229.1:Definitions.