Code of Federal Regulations · Section
§ 192.400 — Time Period For Completion Of Sale Of Stock
12 C.F.R. § 192.400
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A savings association must complete all sales of its stock within 45 calendar days after the last day of the subscription period, unless the offering is extended under § 192.405.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a
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Definitions and application15 U.S.C. § 78c