§192.455. Initial balance of liquidation account.
12 C.F.R. § 192.455
The initial balance of the liquidation account is the savings association's net worth in the statement of financial condition included in the final offering circular.
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.