Code of Federal Regulations · Section
§ 192.425 — Termination Of Conversion
12 C.F.R. § 192.425
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A conversion may be terminated by:
(a) A savings association's members failing to approve the conversion at its members' meeting;
(b) A savings association before its members' meeting; or
(c) A savings association after the members' meeting, but only if the appropriate Federal banking agency concurs.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a
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Definitions and application15 U.S.C. § 78c