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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter I - Comptroller of the Currency, Department of the Treasury |
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Part 192 - Conversions from Mutual to Stock Form |
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Subpart B - Voluntary Supervisory Conversions |
§ 192.600 - Voluntary supervisory conversions.
Latest version.
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§ 192.600 What does this subpart do?Voluntary supervisory conversions.
(a) You In general. A savings association must comply with this subpart and part 16 to engage in a voluntary supervisory conversion. This subpart applies to all voluntary supervisory conversions under sections 5(i)(1), (i)(2), and (p) of the Home Owners' Loan Act ( HOLA), 12 U.S.C. 1464(i)(1), (i)(2), and (p).
(b) Application of subpart A. Subpart A of this part also applies to a voluntary supervisory conversion, unless a requirement is clearly inapplicable.