N.Y. Comp. Codes R. & Regs. tit. 3 § 86.10

Current through Register Vol. 46, No. 51, December 18, 2024

Section 86.10 - Limitations on certain acquisitions of control of stock-form thrift institutions

An organization certificate of a converting thrift may contain provisions, the effect of which would be to prohibit the acquisition of control of the converted stock-form thrift institution for a period not exceeding three years from the effective date of the conversion from mutual to stock-form.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 86.10