12 C.F.R. § 169.3

Current through November 30, 2024
Section 169.3 - Holders of proxies

No proxy of a mutual savings association with a term greater than eleven months or solicited at the expense of the association may designate as holder anyone other than the board of directors [trustees] as a whole, or a committee appointed by a majority of such board.

12 C.F.R. § 169.3