{"data":{"id":"us/12-cfr-192.125","jurisdiction":"us","citation":"12 CFR 192.125","heading":"Adoption of plan of conversion by board of directors.","body":"Prior to filing an application for conversion, a savings association's board of directors must adopt a plan of conversion that conforms to §§ 192.320 through 192.485 and 192.505. The savings association's board of directors must adopt the plan by at least a two-thirds vote. Pursuant to § 192.150, the savings association must include the plan of conversion in the application for conversion.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"2f71f57cabb31d46df40d756bc49a4271bdef1bcfacc5bbe225de88739006d6f","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-192.120","next":"us/12-cfr-192.130"},"notice":"GroundRules: Original legal text. Not legal advice."}