12 C.F.R. § 563b.325 When may I offer to sell my conversion shares?
Title 12 - Banks and Banking
(a) You may offer to sell your conversion shares after OTS approves your conversion, authorizes your proxy statement, and declares your offering circular effective. (b) The offer may commence at the same time you start the proxy solicitation of your members.
Title 12: Banks and Banking
PART 563b—CONVERSIONS FROM MUTUAL TO STOCK FORM
Subpart A—Standard Conversions
Offers and Sales of Stock
§ 563b.325 When may I offer to sell my conversion shares?