GroundRules
12 CFR 192.690: Restrictions on acquisition of additional shares after 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
For three years after the completion of a voluntary supervisory conversion, neither the savings association nor its controlling shareholder(s) may acquire shares from minority shareholders without the appropriate Federal banking agency's prior approval.
Collected 2026-08-27T02:24:16Z. Source file · JSON