H. R. 3615; The Mutual Bank Conversion Act: Field Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Deposit ... House of Representatives, One Hundred Third - Tapa blanda

Sinopsis

Excerpt from H. R. 3615; The Mutual Bank Conversion Act: Field Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, January 20, 1994

Now that State-chartered savings banks are not supervised by the ots, those institutions wishing to convert to stock or engage in a merger conversion or acquisition conversion must apply to our Office an receive approval of their plan of conversion in order to proceed.

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