12 C.F.R. § 569.3   Holders of proxies.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 569—PROXIES

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§ 569.3   Holders of proxies.

No proxy of a mutual savings association with a term greater than eleven months or solicited at the expense of the association may designate as holder anyone other than the board of directors [trustees] as a whole, or a committee appointed by a majority of such board.

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