12 C.F.R. § 192.610

Current through November 30, 2024
Section 192.610 - Member rights in a voluntary supervisory conversion

Savings association members do not have the right to approve or participate in a voluntary supervisory conversion, and will not have any legal or beneficial ownership interests in the converted association, unless the appropriate Federal banking agency provides otherwise. Savings association members may have interests in a liquidation account, if one is established.

12 C.F.R. §192.610

85 FR 42643 , 8/13/2020