12 C.F.R. PART 563b--CONVERSIONS FROM MUTUAL TO STOCK FORM
TITLE 12--Banks and Banking
CHAPTER V--OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY
PART 563b--CONVERSIONS FROM MUTUAL TO STOCK FORM
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May I form a holding company as part of my conversion?
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May I form a charitable organization as part of my conversion?
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May I acquire another insured stock depository institution as part of my conversion?
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What definitions apply to this part?
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Subpart A--STANDARD CONVERSIONS
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What must I do before a conversion?
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What information must I include in my business plan?
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Who must review my business plan?
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How will OTS review my business plan?
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May I discuss my plans to convert with others?
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Must my board of directors adopt a plan of conversion?
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What must I include in my plan of conversion?
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How do I notify my members that my board of directors approved a plan of conversion?
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May I amend my plan of conversion?
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What must I include in my application for conversion?
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How do I file my application for conversion?
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May I keep portions of my application for conversion confidential?
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How do I amend my application for conversion?
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How do I notify the public that I filed an application for conversion?
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How may a person comment on my application for conversion?
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What actions may OTS take on my application?
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May a court review OTS's final action on my conversion?
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Must I submit the plan of conversion to my members for approval?
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How must I notify my members of the meeting?
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What must I submit to OTS after the members' meeting?
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Who must comply with these proxy solicitation provisions?
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What must the form of proxy include?
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May I use previously executed proxies?
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How may I use proxies executed under this part?
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What must I include in my proxy statement?
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How do I file revised proxy materials?
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Must I mail a member's proxy solicitation material?
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What solicitations are prohibited?
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What will OTS do if a solicitation violates these prohibitions?
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Will OTS require me to re-solicit proxies?
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What must happen before OTS declares my offering circular effective?
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When may I distribute the offering circular?
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When must I file a post-effective amendment to the offering circular?
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Who has priority to purchase my conversion shares?
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When may I offer to sell my conversion shares?
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How do I price my conversion shares?
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How do I sell my conversion shares?
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What sales practices are prohibited?
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How may a subscriber pay for my conversion shares?
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Must I pay interest on payments for conversion shares?
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What subscription rights must I give to each eligible account holder and each supplemental eligible account holder?
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Are my officers, directors, and their associates eligible account holders?
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May other voting members purchase conversion shares in the conversion?
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Does OTS limit the aggregate purchases by officers, directors, and their associates?
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How do I allocate my conversion shares if my shares are oversubscribed?
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May my employee stock ownership plan purchase conversion shares?
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May I impose any purchase limitations?
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Must I provide a purchase preference to persons in my local community?
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What other conditions apply when I offer conversion shares in a community offering, a public offering, or both?
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When must I complete the sale of my stock?
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How do I extend the offering period?
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When must I complete my conversion?
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Who may terminate the conversion?
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What happens to my old charter?
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What happens to my corporate existence after conversion?
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What voting rights must I provide to stockholders after the conversion?
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What must I provide my savings account holders?
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What is a liquidation account?
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What is the initial balance of the liquidation account?
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How do I determine the initial balances of liquidation sub-accounts?
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Do account holders retain any voting rights based on their liquidation sub-accounts?
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Must I adjust liquidation sub-accounts?
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Does the liquidation account affect my net worth?
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What provision must I include in my new federal charter?
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May I implement a stock option plan or management or employee stock benefit plan?
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May my directors, officers, and their associates freely trade shares?
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May I repurchase shares after conversion?
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What information must I provide to OTS before I repurchase my shares?
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May I declare or pay dividends after I convert?
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Who may acquire my shares after I convert?
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What other requirements apply after I convert?
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May I donate conversion shares or conversion proceeds to a charitable organization?
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How do my members approve a charitable contribution?
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How much may I contribute to a charitable organization?
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What must the charitable organization include in its organizational documents?
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How do I address conflicts of interest involving my directors?
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What other requirements apply to charitable organizations?
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Subpart B--VOLUNTARY SUPERVISORY CONVERSIONS
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What does this subpart do?
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How may I conduct a voluntary supervisory conversion?
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Do my members have rights in a voluntary supervisory conversion?
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When is a savings association eligible for a voluntary supervisory conversion?
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When is a state-chartered savings bank eligible for a voluntary supervisory conversion?
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What must I include in my plan of voluntary supervisory conversion?
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What must I include in my voluntary supervisory conversion application?
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Will OTS approve my voluntary supervisory conversion application?
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What conditions will OTS impose on an approval?
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Who may not acquire additional shares after the voluntary supervisory conversion?
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