Community offering

Community offering means the offer to sell to the members of the general public in the savings association's community the securities not subscribed for in the subscription offering. The community offering may occur concurrently with the subscription offering and any syndicated community offering, or upon conclusion of the subscription offering.

Source

12 CFR § 192.25

---

Scoping language

The following definitions apply to this part and the forms prescribed under this part:

---

Is this correct? or