GroundRules
12 CFR 192.650: Contents of plan of voluntary supervisory conversion.
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 B—Voluntary Supervisory Conversions
A majority of the board of directors of the savings association must adopt a plan of voluntary supervisory conversion. The savings association must include all of the following information in its plan of voluntary supervisory conversion.
(a) The savings association's name and address.
(b) A complete description of the proposed voluntary supervisory conversion transaction that also describes plans for any liquidation account.
(c) Certified copies of all resolutions relating to the conversion adopted by the board of directors of the savings association.
Collected 2026-08-27T02:24:16Z. Source file · JSON