Other post-conversion requirements.

§ 192.530 Other post-conversion requirements. After a savings association converts, it must: (a) Promptly register its shares under the Securities Exchange Act of 1934 (15 U.S.C. 78a–78jj, as amended). The savings association may not deregister the shares for three years. (b) Encourage and assist a market maker to establish and to maintain a market for its shares. A market maker for a security is a dealer who: (1) Regularly publishes bona fide competitive bid and offer quotations for the security in a recognized inter-dealer quotation system; (2) Furnishes bona fide competitive bid and offer quotations for the security on request; or (3) May effect transactions for the security in reasonable quantities at quoted prices with other brokers or dealers. (c) Use its best efforts to list its shares on a national or regional securities exchange or on the National Association of Securities Dealers Automated Quotation system. (d) File all post-conversion reports that the appropriate Federal banking agency requires. Contributions to Charitable Organizations