Converting Savings and Loan Associations From Mutual to Stock Ownership--A National Policy Needed

A review of the conversions of federally chartered savings and loan associations from mutual to stock ownership included the effects of actual conversion, the effectiveness of conversion regulations, an evaluation of appraisal methodology and process, and an analysis of conversion alternatives. In 1974 Congress enacted a law to study the problems of conversion which contained a provision to allow up to 49 savings and loan associations to convert to stock ownership.