Application and Notice. After adoption of the Plan by the Board of Trustees of the MHC and the Board of Directors of the Bank, notice of the adoption of the Plan will be given by publication in a newspaper having general circulation in each community in which an office of the Bank is located and copies of the Plan will be made available at each office of the MHC and the Bank for inspection by Depositors and Stockholders. An Application for Conversion shall be submitted to the OTS for approval, and a notice of the filing of the Application for Conversion will be published in accordance with the requirements of applicable regulations of the OTS and prominently posted in each of the offices of the MHC and the Bank. Timely application will be made for any additional regulatory approvals, including the following applications to be filed with the OTS: (1) applications to form Interim A and Interim B and to merge Interim A and Interim B with and into the Bank; (2) an H-(e)1 or H-(e)1-S Application to form a savings and loan holding company; and (3) any additional notices or applications required by the OTS to effectuate the Plan. All notices required to be published in connection with such applications shall be published at the time required.
Appears in 2 contracts
Sources: Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.), Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.)