12 C.F.R. § 238.63

Current through November 30, 2024
Section 238.63 - Requirements to engage in financial holding company activities
(a)In general. In order for a savings and loan holding company to engage in financial holding company activities:
(1) The savings and loan holding company and all depository institutions controlled by the savings and loan holding company must be and remain well capitalized;
(2) The savings and loan holding company and all depository institutions controlled by the savings and loan company must be and remain well managed; and
(3) The savings and loan holding company must have made an effective election to be treated as a financial holding company.

12 C.F.R. §238.63