12 CFR § 192.690 Conversions from Mutual to Stock Form

§ 192.690 Restrictions on acquisition of additional shares after voluntary supervisory conversion.

Current through Oct 1, 2026 · Read all of Part 192

For three years after the completion of a voluntary supervisory conversion, neither the savings association nor its controlling shareholder(s) may acquire shares from minority shareholders without the appropriate Federal banking agency's prior approval.

← § 192.680 Offer and sale of shares in a voluntary supervisory conversion.