§192.15. Forming a charitable organization upon conversion.
12 C.F.R. § 192.15
When a savings association converts to the stock form, it may form a charitable organization. A savings association's contributions to the charitable organization are governed by the requirements of §§ 192.550 through 192.575.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1462a, 1463, 1464, 1467a, 2901 et seq., 5412(b)(2)(B); 15 U.S.C. 78c, 78 l , 78m, 78n, 78w.
Source
Source: 85 FR 42643, July 14, 2020, unless otherwise noted.