§ 239.51 - Acquiring another insured stock depository institution as part of a conversion.

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- 2011-22854. Interim final rule; request for comment. 2011-22854. Availability of Information, Public Observation of Meetings, Procedure, Practice for Hearings, and Post-Employment Restrictions for Senior Examiners; Savings and Loan Holding Companies

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§ 239.51 Acquiring another insured stock depository institution as part of a conversion.

When a mutual holding company converts to stock form, the subsidiary savings association may acquire for cash or stock another insured depository institution that is already in the stock form of ownership.

                    
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§ 239.51 - Acquiring another insured stock depository institution as part of a conversion.

§ 239.51 Acquiring another insured stock depository institution as part of a conversion.