Office of Thrift Supervision
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Office of Thrift Supervision
December 18, 2003
Department of the Treasury
Regulatory Bulletin
RB 32-33
Handbook: Thrift Activities
Subject:
Capital
Section: 110
Thrift Activities Regulatory Handbook Update
Summary: This bulletin provides an update to Thrift Activities Regulatory Handbook Section 110,
Capital Stock and Ownership. Please replace the existing handbook section with the enclosed revised
section.
For Further Information Contact: Your Office of Thrift Supervision (OTS) Regional Office or the
Supervision Policy Division of the OTS, Washington, DC. You may access this bulletin at our web site:
www.ots.treas.gov.
Regulatory Bulletin 32-33
SUMMARY OF CHANGES
OTS is issuing an update to Thrift Activities Handbook Section 110, Capital Stock and Ownership.
Change bars in the margins of the handbook section indicate revisions. We provide a summary of substan-
tive changes below.
110
Capital Stock and Ownership
We made the following changes to Handbook Section 110:
• Added a paragraph on the history of mutual holding companies.
• Updated references to Exchange Act regulations under the Review of Exchange Act and
Securities Offering Filings section.
• Updated the information on Exchange Act filings under the Description of Filings section.
• Updated regulations or guidance in the Change in Control and Capital Distributions sections.
• Updated information relating to contributed capital.
• Added a discussion on the prohibition of loans by savings associations on its own stock to
comply with The Financial Regulatory Relief and Economic Efficiency Act of 2000
(FRREEA).
Regulatory Bulletin 32-33
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Office of Thrift Supervision
• Updated information relating to Employee Stock Ownership Plans.
• Removed the requirement to provide information on foreign ownership in U.S. savings and
loan associations and holding companies