12 C.F.R. § 192.425

Termination of conversion.

Last amended: 2020Year: 2026Length: 46 wordsOfficial source

Cite as 12 C.F.R. § 192.425 (2026)

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