Code of Federal Regulations · Section

§ 192.125 — Adoption Of Plan Of Conversion By Board Of Directors

12 C.F.R. § 192.125

View:

Prior to filing an application for conversion, a savings association's board of directors must adopt a plan of conversion that conforms to §§ 192.320 through 192.485 and 192.505. The savings association's board of directors must adopt the plan by at least a two-thirds vote. Pursuant to § 192.150, the savings association must include the plan of conversion in the application for conversion.

12 C.F.R. § 192.120 12 C.F.R. § 192.130

Authorizing Statute