§ 192.320 - Order of priority to purchase conversion shares.

Latest version.

§ 192.320 Who has Order of priority to purchase my conversion shares?
You
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A savings association must offer to sell your its shares in the following order:
(a) Eligible account holders.
(b) Tax-qualified employee stock ownership plans.
(c) Supplemental eligible account holders.
(d) Other voting members who have subscription rights.
(e) Your The savings association's community, your its community and the general public, or the general public.

                    
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§ 192.320 - Order of priority to purchase conversion shares.

§ 192.320 Who has Order of priority to purchase my conversion shares?

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