Conversion From Stock Form Depository Institution to Federal Stock Association
other · Treasury · Rule · Published 2001-07-18 · Effective 2001-07-09 · 66 FR 37407
Document
Document number
01-17872
Federal Register citation
66 FR 37407
CFR reference
12 CFR 552
Type
Rule
Action
Direct final rule: Confirmation of effective date.
Category
other
Sub-agency
Treasury
Publication date
2001-07-18
Effective date
2001-07-09
Treasury docket
No. 2001-52
Abstract
This document confirms the effective date of the direct final rule amending the Office of Thrift Supervision's (OTS) regulation on conversions from stock form depository institutions to federal stock savings associations. The final rule clarifies that the resulting federal stock savings association in such transactions succeeds to all the rights, property, and obligations of the converting institution. OTS did not receive any comments in response to either the direct final rule or the related notice of proposed rulemaking.