GroundRules
12 CFR 192.325: Timing of offer to sell conversion shares.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
- PART 192—CONVERSIONS FROM MUTUAL TO STOCK FORM
- Subpart A—Standard Conversions
(a) In general. A savings association may offer to sell its conversion shares after the appropriate Federal banking agency approves the conversion, clears the proxy statement, and declares the offering circular effective.
(b) Timing. The offer may commence at the same time the savings association starts the proxy solicitation of its members.
Collected 2026-08-27T02:24:16Z. Source file · JSON