Scott Chu
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Activity overview
Latest activity by Scott Chu-
Scott Chu created an article,
Information - Public Comments and Ex Parte Rules
On certain filings, an important aspect of the applications process is the opportunity for the public to comment in writing on any or all of the factors the Federal Reserve must consider in evaluat...
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Scott Chu created an article,
Mutual Holding Company - Dividend Waiver
12 C.F.R. Part 239 Who must file? A mutual holding company proposing to waive its right to receive any dividend declared by a subsidiary must provide the Federal Reserve with written notice 30 days...
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Scott Chu created an article,
Mutual Holding Company - Charter/Bylaw Amendments
12 C.F.R. Part 239 Who must file? Mutual holding companies and their subsidiary holding companies must provide prior notice to the Federal Reserve to amend their charters and bylaws pursuant to sec...
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Scott Chu created an article,
Mutual Holding Company - Second Step Mutual to Stock Conversion
12 C.F.R Parts 238 and 239 and Section 10(o) of the Home Owners’ Loan Act Who must file? A mutual holding company proposing to convert to stock form, with a corresponding formation of a new stock h...
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Scott Chu created an article,
Mutual Holding Company - Full Mutual to Stock Conversion with Holding Company Formation
12 C.F.R. Part 239 subpart E and Section 10(o) of the Home Owners’ Loan Act Who must file? A mutual savings association proposing to convert to stock form and establish a stock holding company must...
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Scott Chu created an article,
Mutual Holding Company - Minority Stock Issuance
12 C.F.R. Part 239 and Section 10(o) of the Home Owners’ Loan Act Who must file? A subsidiary holding company of a mutual holding company proposing to issue stock to persons other than its mutual h...
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Scott Chu created an article,
Mutual Holding Company - Formation of Subsidiary Holding Company
12 C.F.R Parts 238 and 239 and Section 10(o) of the Home Owners’ Loan Act Who must file? A mutual holding company proposing to establish a subsidiary holding company must apply to the Federal Reser...
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Scott Chu created an article,
Mutual Holding Company - Reorganization
12 C.F.R. Part 239 and Section 10(o) of the Home Owners’ Loan Act Who must file? A mutual savings association proposing to reorganize to become a mutual holding company must provide prior notice to...
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Scott Chu created an article,
Savings and Loan Holding Company - Permissible Activities
Section 10(o) of the Home Owners' Loan Act and 12 C.F.R. Section 238 and 12 C.F.R. Part 239 Who must file? An SLHC proposing to (i) engage de novo or to acquire or control a company engaged in a se...
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Scott Chu created an article,
Savings and Loan Holding Company - Deregistration
Sections 10(a) and 10(b) of the Home Owners' Loan Act and 12 C.F.R. Section 238 Who must file? A company that no longer has control of any savings association or no longer qualifies as an SLHC. Pub...