12 CFR 563b.395 - What other conditions apply when I offer conversion shares in a community offering, a public offering, or both?
prev | next
(b) If you offer shares in a community offering, a public offering, or both, you must first fill orders for your stock up to a maximum of two percent of the conversion stock on a basis that will promote a widespread distribution of stock. You must allocate any remaining shares on an equal number of shares per order basis until you fill all orders.
Title 12 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 12 CFR Part 563b.