12 C.F.R. § 192.690

Restrictions on acquisition of additional shares after voluntary supervisory conversion.

Last amended: 2020Year: 2026Length: 33 wordsOfficial source

Cite as 12 C.F.R. § 192.690 (2026)

For three years after the completion of a voluntary supervisory conversion, neither the savings association nor its controlling shareholder(s) may acquire shares from minority shareholders without the appropriate Federal banking agency's prior approval.
12 C.F.R. § 192.690: Restrictions on acquisition of additional shares after voluntary supervisory conversion. | Justis AI