You must provide each savings account holder, without payment, a withdrawable savings account or accounts in the same amount and under the same terms and conditions as their accounts before your conversion.
You must provide a liquidation account for each eligible and supplemental eligible account holder under § 192.450.
If you are a state-chartered savings association and state law requires you to provide voting rights to savings account holders or borrowers, your charter must:
Limit these voting rights to the minimum required by state law; and
Require you to solicit proxies from the savings account holders and borrowers in the same manner that you solicit proxies from your stockholders.
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