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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 |
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Timetable:
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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 |