The conversion regulations continue to contain various provisions designed to protect the converted association from a hostile takeover both during and after conversion. The entire conversion process is carefully regulated and monitored by the FSLIC to assure fairness and equitability and to avoid "windfall" profits by any group. There is, nonetheless, some controversy surrounding conversions, a discussion of which appears later in this article.
Allen, Charles E.
"Stock Conversions Under the Amended Regulations,"
Akron Law Review: Vol. 13
, Article 2.
Available at: https://ideaexchange.uakron.edu/akronlawreview/vol13/iss3/2