AbstractThe morphology of spinal cord in the caudal‐most spinal segments of normal adultSternarchus albifronsis different from that of more rostral adult cord. The caudal segments are strikingly similar to the regenerating spinal cord observed after amputation of the tail inSternarchus. In the caudal‐most vertebral segment of normal spinal cord, ependymal cells are radially enlarged and are more numerous than in more rostral adult cord. Large processes of the ependymal cells extend into the central canal, which also contains a prominent Reissner's fiber. Invaginations of the outer surface of the spinal cord, with the associated basal lamina, are common. Lateral to the immediate ependymal layer, extracellular spaces contain longitudinally oriented neurites. Cell bodies and cell processes filled with dense‐cored vesicles occur throughout the caudal‐most segment of spinal cord, and are especially concentrated in the ventral half, interspersed with numerous capillaries. In all these respects the caudal‐most segments of normal adult spinal cord inSternarchusclosely resemble regenerating spinal cord ofSternarchus. In both regions, at least some of the ependymal cells retain the ability to divide and generate new neurons and gl