applicable preferred stock
Defined in 4 places across 3 titles of the United States Code.
For purposes of subclause (I), the term “applicable preferred stock” means preferred stock which was issued before March 1, 2010 (or which was issued after such date and is held by an employee benefit plan subject to the provisions of this subchapter).
Source
- 2010–present29 U.S.C. § 1083Labor · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section
For purposes of subclause (I), the term “applicable preferred stock” means preferred stock which was issued before March 1, 2010 (or which was issued after such date and is held by an employee benefit plan subject to the provisions of title I of 1 Employee Retirement Income Security Act of 1974).
Source
- 2010–201826 U.S.C. § 430Internal Revenue Code · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section
For purposes of subclause (I), the term “applicable preferred stock” means preferred stock which was issued before March 1, 2010 (or which was issued after such date and is held by an employee benefit plan subject to the provisions of title I of the Employee Retirement Income Security Act of 1974).
Source
- 2018–present26 U.S.C. § 430Internal Revenue Code · Minimum funding standards for single-employer defined benefit pension plans · for purposes of this section
For purposes of this section, the term “applicable preferred stock” means any stock—
(1) which is preferred stock in—
(A) the Federal National Mortgage Association, established pursuant to the Federal National Mortgage Association Charter Act (12 U.S.C. 1716 et seq.), or
(B) the Federal Home Loan Mortgage Corporation, established pursuant to the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1451 et seq.), and
(2) which—
(A) was held by the applicable financial institution on September 6, 2008, or
(B) was sold or exchanged by the applicable financial institution on or after January 1, 2008, and before September 7, 2008.
Source
- 201312 U.S.C. § 5261Banks and Banking · Gain or loss from sale or exchange of certain preferred stock · for purposes of this section
For purposes of this section, the term "applicable preferred stock" means any stock—
(1) which is preferred stock in—
(A) the Federal National Mortgage Association, established pursuant to the Federal National Mortgage Association Charter Act (12 U.S.C. 1716 et seq.), or
(B) the Federal Home Loan Mortgage Corporation, established pursuant to the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1451 et seq.), and
(2) which—
(A) was held by the applicable financial institution on September 6, 2008, or
(B) was sold or exchanged by the applicable financial institution on or after January 1, 2008, and before September 7, 2008.
For purposes of this section:
(1) In general
Source
- 2008–present12 U.S.C. § 5261Banks and Banking · Gain or loss from sale or exchange of certain preferred stock · for purposes of this section
The term “applicable preferred stock” means stock described in section 1504(a)(4) in the subsidiary which is—
(i) issued after November 17, 1989, and
(ii) held by a person other than a member of the same affiliated group as the subsidiary.
Source
- 1994–present26 U.S.C. § 1503Internal Revenue Code · Computation and payment of tax · for purposes of this section