12 C.F.R. § 563b.420 When must I complete my conversion?
Title 12 - Banks and Banking
(a) In your plan of conversion, you must set a date by which the conversion must be completed. This date must not be more than 24 months from the date that your members approve the plan of conversion. The date, once set, may not be extended by you or by OTS. You must terminate the conversion if it is not completed by that date. (b) Your conversion is complete on the date that you accept the offers for your stock.
Title 12: Banks and Banking
PART 563b—CONVERSIONS FROM MUTUAL TO STOCK FORM
Subpart A—Standard Conversions
Completion of the Conversion
§ 563b.420 When must I complete my conversion?
