§192.425. Termination of conversion.
12 C.F.R. § 192.425
A conversion may be terminated by:
A savings association's members failing to approve the conversion at its members' meeting;
A savings association before its members' meeting; or
A savings association after the members' meeting, but only if the appropriate Federal banking agency concurs.
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.