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§ 192.690 Restrictions on acquisition of additional shares after voluntary supervisory conversion.

12 CFR 192.690

Citation12 CFR 192.690
CorpusDaily eCFR
Displayed edition2026-10-01
Last updated2026-10-01

§ 192.690 Restrictions on acquisition of additional shares after voluntary supervisory conversion.

For three years after the completion of a voluntary supervisory conversion, neither the savings association nor its controlling shareholder(s) may acquire shares from minority shareholders without the appropriate Federal banking agency's prior approval.