12 C.F.R. · Banks and Banking
12 C.F.R. § 611.1220

Termination resolution.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 611.1220 — Termination resolution.

§ 611.1220 Termination resolution. No more than 1 week before you submit your plan of termination to us, your board of directors must adopt a termination resolution stating its support for terminating your status as a System institution and authorizing: (a) Submission to us of a plan of termination and other required submissions that comply with § 611.1223; and (b) Submission of the plan of termination to the voting stockholders if we approve the plan of termination under § 611.1230 or, if we take no action, after the end of our approval period.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR12-SEC-F7AD19
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boisestandard.org
Citation
12 C.F.R. § 611.1220
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The regulatory text of 12 C.F.R. § 611.1220 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 12 12 C.F.R. § 611.1220