Completion of the offering.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) The Board may grant extensions of time to sell the shares. The Board (3) If the Board grants the request for an extension of time, the mutual holding company must provide a post-effective amendment to the offering circular under § 239.58(c) to each person who subscribed for or ordered stock. The amendment must indicate that the Board extended the offering period and that each person who subscribed for or ordered stock may increase, decrease, or rescind their subscription or order within the time remaining in the extension period.

official document · source cfr-2024 · id 12:§ 239.60