Mutual holding company definition

Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.
Mutual holding company means a mutual holding company organized under sections 36a-192 to 36a-199, inclusive, and unless otherwise indicated, a subsidiary holding company controlled by a mutual holding company organized under sections 36a-192 to 36a-199, inclusive;
Mutual holding company means a non-insurance, nonprofit

Examples of Mutual holding company in a sentence

  • Mutual holding company trading volume in the aftermarket is often lower than fully converted companies, with the fewer public shares affording less liquidity to the issue.

  • Mutual holding company re- organizations are subject to applicable public notice, public comment, and meeting requirements under the Bank Merger Act regulations at § 238.11(e) of this chapter and the Savings and Loan Holding Company Act regulations at§ 238.14 of this chapter.

  • Mutual holding company boards, like other stock holding company boards, typically consist of the same persons who sit on the boards of subsidiaries, and such directors are encouraged to own stock in their subsidiaries.

  • The Mutual holding company owns 80 percent of the outstanding shares of Charter Financial.

  • Mutual holding company reorganization plan or plan of reorganization shall mean a plan to reorganize into a mutual holding company pursuant to R.I.Gen.


More Definitions of Mutual holding company

Mutual holding company means a holding company organized in mutual form under this part, and unless other- wise indicated, a subsidiary holding company controlled by a mutual hold- ing company, organized under this part.
Mutual holding company means (1) a mutual state bank or an affiliate of a mutual state bank reorganized in accordance with the bill to hold all or part of the shares of the capital stock of a subsidiary state bank or (2) a mutual holding company organized in accordance with 12 United States Code (U.S.C.) 1467a(o) that has converted to a mutual holding company under the bill.13
Mutual holding company or "MHC" means a mutual corporation resulting from a reorganization of a mutual company under this chapter.
Mutual holding company means a mutual holding company formed pursuant to section 3488.[PL 1999, c. 656, §5 (NEW).]
Mutual holding company means a corporation that is formed and existing under the laws of this state and pursuant to the reorganization of a mutual insurance company.
Mutual holding company means a mutual insurance holding company.
Mutual holding company means a corporation organized under the laws of this state in accordance with ORS 732.620.