§ 192.15. Forming a charitable organization upon conversion.
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/us/cfr/t12/s§ 192.15·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a savings association converts to the stock form, it may form a charitable organization. A savings association's contributions to the charitable organization are governed by the requirements of §§ 192.550 through 192.575.