{"data":{"id":"us/12-cfr-192.530","jurisdiction":"us","citation":"12 CFR 192.530","heading":"Other post-conversion requirements.","body":"After a savings association converts, it must:\n(a) Promptly register its shares under the Securities Exchange Act of 1934 (15 U.S.C. 78a-78jj, as amended). The savings association may not deregister the shares for three years.\n(b) Encourage and assist a market maker to establish and to maintain a market for its shares. A market maker for a security is a dealer who:\n(1) Regularly publishes bona fide competitive bid and offer quotations for the security in a recognized inter-dealer quotation system;\n(2) Furnishes bona fide competitive bid and offer quotations for the security on request; or\n(3) May effect transactions for the security in reasonable quantities at quoted prices with other brokers or dealers.\n(c) Use its best efforts to list its shares on a national or regional securities exchange or on the National Association of Securities Dealers Automated Quotation system.\n(d) File all post-conversion reports that the appropriate Federal banking agency requires.","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":"ebf5e3b0ac8cd5d63ecb57fc5a39fe44d901834b56195b23aaef6d1702ea6706","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-192.525","next":"us/12-cfr-192.550"},"notice":"GroundRules: Original legal text. Not legal advice."}