Implements § 4975Open in workspace
Reg. § 54.4975-12 Definition of the term “qualifying employer security”.
26 CFR § 54.4975-12eCFR, current through 2026-07-14
(a) In general For purposes of section and this section, the term “qualifying employer security” means an employer security which is:
(1) Stock or otherwise an equity security, or
(2) A bond, debenture, note, or certificate or other evidence of indebtedness which is described in paragraphs (1), (2), and
(3) of section .
(b) Special rule In determining whether a bond, debenture, note, or certificate or other evidence of indebtedness is described in paragraphs (1), (2), and (3) of section , any organization described in section shall be treated as an organization subject to the provisions of section .
(Sec. 4975(e)(7) (88 Stat. 976; 26 U.S.C. 4975(e)(7)))
[T.D. 7506, 42 FR 44394, Sept. 2, 1977]
Source: decipher.legal/cfr/26/54.4975-12 · Treasury Regulations (26 CFR), eCFR data as of 2026-07-14