Excerpt from H. R. 3615; The Mutual Bank Conversion Act: Field Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, January 20, 1994 Now that State-chartered savings banks are not supervised by the ots, those institutions wishing to convert to stock or engage in a merger conversion or acquisition conversion must apply to our Office an receive approval of their plan of conversion in order to proceed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.