When such vote is had by the members of a such a such association, the directors of such association shall proceed to take the necessary action to procure a Federal Savings and Loan Association charter and, upon receipt of such charter and compliance with the rules and regulations required by the Federal Home Loan Bank Board in perfecting an association under a federal charter, the directors of the federal association shall notify in writing the directors of the such association that it is organized and authorized to transact business. The directors of the such association shall record such notice in the records of its proceedings and name the date that the rights and obligations set forth in section 316 of this title will be transferred to the management and control of the federal association. Upon the acceptance of such rights and obligations by the federal association it shall file with the directors of the such association its acceptance of such rights and obligations set forth in section 316 of this title and no further step shall be necessary in effecting such conversion.