12 C.F.R. § 192.125
Current through August 31, 2024
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. §192.125