Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 12 - Banks and Banking |
Chapter I - Comptroller of the Currency, Department of the Treasury |
Part 192 - Conversions from Mutual to Stock Form |
§ 192.15 - Forming a charitable organization upon conversion.
Latest version.
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§ 192.15 May I form Forming a charitable organization as part of my conversion?
When you convertupon conversion.
When a savings association converts to the stock form, you it may form a charitable organization. Your A savings association's contributions to the charitable organization are governed by the requirements of §§ 192.550 through 192.575.