§192.20. Acquiring another insured depository institution upon conversion.
12 C.F.R. § 192.20
When a savings association converts to stock form, it may acquire for cash or stock another insured depository institution that is already in the stock form of ownership.
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.