Code of Federal Regulations · Section
§ 192.455 — Initial Balance Of Liquidation Account
12 C.F.R. § 192.455
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The initial balance of the liquidation account is the savings association's net worth in the statement of financial condition included in the final offering circular.
Authorizing Statute
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Administrative provisions12 U.S.C. § 1462a
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Definitions and application15 U.S.C. § 78c