Restrictions on acquisition of additional shares after voluntary supervisory conversion.

1. Law
2. CFR 12
3. Banks and Banking
4. Comptroller of the Currency, Department of the Treasury
5. Conversions from Mutual to Stock Form
6. Voluntary Supervisory Conversions
7. Offers and Sales of Stock
8. Restrictions on acquisition of additional shares after voluntary supervisory conversion.

§ 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.

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