{"data":{"id":"us/12-cfr-192.445","jurisdiction":"us","citation":"12 CFR 192.445","heading":"Savings account holder's account after conversion.","body":"(a) In general. The savings association must provide each savings account holder, without payment, a withdrawable savings account or accounts in the same amount and under the same terms and conditions as their accounts before the conversion.\n(b) Liquidation account. The savings association must provide a liquidation account for each eligible and supplemental eligible account holder under § 192.450.\n(c) Voting rights. If the savings association is State-chartered and State law requires the savings association to provide voting rights to savings account holders or borrowers, the charter must:\n(1) Limit these voting rights to the minimum required by State law; and\n(2) Require the savings association to solicit proxies from the savings account holders and borrowers in the same manner that the savings association solicits proxies from its stockholders.\nLiquidation Account","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":"8174f0101c22079ceb93c292b12d663a951b9fdaf94c4d939a13db8bbd934ed0","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-192.440","next":"us/12-cfr-192.450"},"notice":"GroundRules: Original legal text. Not legal advice."}