---
kind: "section"
citation: "12 C.F.R. § 192.20"
title: "12"
number: "192.20"
heading: "Acquiring another insured depository institution upon conversion."
url: "https://uscodex.org/cfr/12/192.20"
---

# §192.20. Acquiring another insured depository institution upon conversion.


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

### 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.