12 C.F.R. § 543.14 Continuity of existence.
Title 12 - Banks and Banking
The corporate existence of an association converting under this part shall continue in its successor. Each savings or demand accountholder shall receive a savings account or accounts in the converted association equal in amount to the value of accounts held in the former association. [54 FR 49482, Nov. 30, 1989, as amended at 61 FR 64015, Dec. 3, 1996]
Title 12: Banks and Banking
PART 543—FEDERAL MUTUAL SAVINGS ASSOCIATIONS—INCORPORATION, ORGANIZATION, AND CONVERSION
Conversion
§ 543.14 Continuity of existence.
