{"data":{"id":"us/12-cfr-141.5","jurisdiction":"us","citation":"12 CFR 141.5","heading":"Commercial paper.","body":"The term commercial paper means any note, draft, or bill of exchange which arises out of a current transaction or the proceeds of which have been or are to be used for current transactions, and which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 141—DEFINITIONS FOR REGULATIONS AFFECTING FEDERAL SAVINGS ASSOCIATIONS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"be001c501197b496153e226eb95b6fc8023ba1fadea9536cb3d2e31860e2c242","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-141.2","next":"us/12-cfr-141.7"},"notice":"GroundRules: Original legal text. Not legal advice."}