12 CFR 192.260
§ 192.260 Previously executed proxies.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 192.260, § 192.260 Previously executed proxies, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43949
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Full text
A savings association may not use previously executed proxies for the plan of conversion vote. If members consider the plan of conversion at an annual meeting, the savings association may vote proxies obtained through other proxy solicitations only on matters not related to the plan of conversion.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.