Code of Federal Regulations · Section
§ 192.20 — Acquiring Another Insured Depository Institution Upon Conversion
12 C.F.R. § 192.20
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When a savings association converts to stock form, it may acquire for cash or stock another insured depository institution that is already in the stock form of ownership.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a
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Definitions and application15 U.S.C. § 78c