StacksVerified U.S. regulatory reference

12 CFR §192.425

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A conversion may be terminated by:
  1. (a)A savings association's members failing to approve the conversion at its members' meeting;
  2. (b)A savings association before its members' meeting; or
  3. (c)A savings association after the members' meeting, but only if the appropriate Federal banking agency concurs.