Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter I - Comptroller of the Currency, Department of the Treasury |
Part 143 - Federal Savings Associations - Grandfathered Authority |
Conversion |
§ 143.14 - Continuity of existence.
Latest version.
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Link to an amendment published at 80 FR 28479, May 18, 2015.
The corporate existence of an association converting under this part shall continue in its successor. Each savings or demand accountholder shall receive a savings account or accounts in the converted association equal in amount to the value of accounts held in the former association.