Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 541  /  Sec. 541.18 Interim Federal savings association.

The term interim Federal savings association means a Federal savings association chartered by the Office under section 5 of the Act to facilitate the acquisition of 100 percent of the voting shares of an existing Federal stock savings association or other insured stock savings association by a newly formed company or an existing savings and loan holding company or to facilitate any other transaction the Office may approve.