12 CFR 192.455
§ 192.455 Initial balance of liquidation account.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 192.455, § 192.455 Initial balance of liquidation account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43985
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Full text
The initial balance of the liquidation account is the savings association's net worth in the statement of financial condition included in the final offering circular.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.