Bank Holding Company Proposal Regulations

2 A proposal shall contain

• (a) a description of the transactions and any actions that would require approval within the meaning of section 973 of the Act, by which the bank proposes to establish a bank holding company;

• (b) a description of the transactions and any actions that would require approval within the meaning of section 973 of the Act, by which shares of the bank holding company are proposed to be exchanged for shares of the bank;

• (c) a description of any other transactions and any actions that would require approval within the meaning of section 973 of the Act, that the bank or the bank holding company proposes to undertake in relation to the proposal;

• (d) the proposed timing of the transactions and actions referred to in paragraphs (a) to (c); and

• (e) a description of the manner and circumstances in which the bank would seek the approval of shareholders with respect to any amendments to the proposal.