S.Res. 514 — A resolution to state the sense of the United States with respect to voluntary supervisory conversions of Mutual Savings and Loan Associations to stock forms of organization.

Summary

Expresses the sense of the Senate that insolvent institutions should be permitted to convert through a voluntary supervisory conversion without regard to the appreciation of the participating preferred stock of the Federal Home Loan Mortgage Corporation.

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Legislative Actions

1988-10-22
Introduced in Senate
1988-10-22
Passed/agreed to in Senate: Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Voice Vote.
1988-10-22
Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Voice Vote.

A resolution to state the sense of the United States with respect to voluntary supervisory conversions of Mutual Savings and Loan Associations to stock forms of organization.

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