1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter I - COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY
  4. Part 192 - CONVERSIONS FROM MUTUAL TO STOCK FORM
  5. Subpart A - Standard Conversions
  6. Topic - Completion of the OfferingCompletion of the Conversion
  7. 12 CFR § 192.455
12 CFR § 192.455
Initial balance of liquidation account
November 10, 2020
CFR

The initial balance of the liquidation account is the savings association's net worth in the statement of financial condition included in the final offering circular.

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§ 192.450 Liquidation accounts
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§ 192.460 Initial balance of liquidation sub-account

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