12 C.F.R. § 563g.19   Approval of the security.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 563g—SECURITIES OFFERINGS

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§ 563g.19   Approval of the security.

Any securities of a savings association which are not exempt under this part and are offered or sold pursuant to an offering circular which becomes effective under this part, are deemed to be approved as to form and terms for purposes of §563.3 of this chapter.

[54 FR 49641, Nov. 30, 1989, as amended at 67 FR 78153, Dec. 23, 2002]

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