12 C.F.R. Subpart A—Accounts


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 563—SAVINGS ASSOCIATIONS—OPERATIONS

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Subpart A—Accounts

§ 563.1   Chartering documents.

(a) Submission for approval. Any de novo savings association prior to commencing operations shall file its charter and bylaws with the OTS for approval, together with a certification that such charter and bylaws are permissible under all applicable laws, rules and regulations.

(b) Availability of chartering documents. Each savings association shall cause a true copy of its charter and bylaws and all amendments thereto to be available to accountholders at all times in each office of the savings association, and shall upon request deliver to any accountholders a copy of such charter and bylaws or amendments thereto.

[57 FR 14344, Apr. 20, 1992]

§ 563.4   [Reserved]

§ 563.5   Securities: Statement of non-insurance.

Every security issued by a savings association must include in its provisions a clear statement that the security is not insured by the Federal Deposit Insurance Corporation.

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