12 C.F.R. § 563b.610 Do my members have rights in a voluntary supervisory conversion?
Title 12 - Banks and Banking
Your members do not have the right to approve or participate in a voluntary supervisory conversion, and will not have any legal or beneficial ownership interests in the converted association, unless OTS provides otherwise. Your members may have interests in a liquidation account, if one is established.
Title 12: Banks and Banking
PART 563b—CONVERSIONS FROM MUTUAL TO STOCK FORM
Subpart B—Voluntary Supervisory Conversions
§ 563b.610 Do my members have rights in a voluntary supervisory conversion?
