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Rule

Conversion From Stock Form Depository Institution to Federal Stock Association

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

AGENCY:

Office of Thrift Supervision, Treasury.

ACTION:

Direct final rule: Confirmation of effective date.

SUMMARY:

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 Start Printed Page 37408the 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.

EFFECTIVE DATES:

The direct final rule published on May 8, 2001 (66 FR 23153-155), is effective July 9, 2001.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Aaron B. Kahn, (202) 906-6263, Special Counsel, or Kevin A. Corcoran, (202) 906-6962, Assistant Chief Counsel, Business Transactions Division, Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW., Washington DC 20552.

Start Authority

Authority: 12 U.S.C. 1462, 1462a, 1463, 1464, 1467a.

End Authority Start Signature

Dated: July 11, 2001.

By the Office of Thrift Supervision.

Ellen Seidman,

Director.

End Signature End Further Info End Preamble

[FR Doc. 01-17872 Filed 7-17-01; 8:45 am]

BILLING CODE 6720-01-P