View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

TREAS/OTS RIN: 1550-AC15 Publication ID: Fall 2008 
Title: Optional Charter Provisions in Mutual Holding Company Structures 
Abstract: OTS is proposing to amend its mutual holding company (MHC) regulations to permit certain MHC subsidiaries to adopt an optional charter provision that would prohibit any person from acquiring, or offering to acquire, beneficial ownership of more than 10 percent of the MHC subsidiary's minority stock (stock held by persons other than the subsidiary's MHC). 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 575   
Legal Authority: 12 USC 1462 to 1462a    12 USC 1463 and 1464    12 USC 1467a    12 USC 1828    12 USC 2901   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/27/2007  72 FR 35205   
NPRM Comment Period End  08/27/2007    
Final Rule  07/09/2008  73 FR 39216   
Final Rule Effective  10/01/2008    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Don Dwyer
Director, Applications, Examinations and Supervision-Operations
Department of the Treasury
Office of Thrift Supervision
1700 G Street NW.,
Washington, DC 20552
Phone:202 906-6414

David A. Permut
Counsel (Banking and Finance), Business Transactions Division
Department of the Treasury
Office of Thrift Supervision
1700 G Street NW.,
Washington, DC 20552
Phone:202 906-7505