12 CFR §192.650
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A majority of the board of directors of the savings association must adopt a plan of voluntary supervisory conversion. The savings association must include all of the following information in its plan of voluntary supervisory conversion.
- (a)The savings association's name and address.
- (b)A complete description of the proposed voluntary supervisory conversion transaction that also describes plans for any liquidation account.
- (c)Certified copies of all resolutions relating to the conversion adopted by the board of directors of the savings association.