GroundRules
12 CFR 239.51: Acquiring another insured stock depository institution as part of a conversion.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER II—FEDERAL RESERVE SYSTEM
- SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
- PART 239—MUTUAL HOLDING COMPANIES (REGULATION MM)
- Subpart E—Conversions From Mutual to Stock Form
When a mutual holding company converts to stock form, the subsidiary savings association may acquire for cash or stock another insured depository institution that is already in the stock form of ownership.
Collected 2026-08-27T02:24:16Z. Source file · JSON