12 C.F.R. § 192.15 – Forming a charitable organization upon conversion. | Midpage
§ 192.15
12 C.F.R. § 192.15
Forming a charitable organization upon conversion.
Effective Aug 13, 2020
When a savings association converts to the stock form, it may form a charitable organization. A savings association's contributions to the charitable organization are governed by the requirements of §§ 192.550 through 192.575.