AMENDMENTS PROPOSED BY THE SENATE TO THE SENATE SUBSTITUTE TO HOUSE BILL NO. 294

1. Page 1, substitute, line 14, after is a

strike

nonstock and line 15 through stock corporation

insert

mutual savings institution may convert to a stock institution

2. Page 1, substitute, line 21

strike

of the nonstock corporation

3. Page 1, substitute, line 24, after regulations

strike

governing the procedures are

insert

of the Commission relating to the conversion of a mutual savings institution to a stock institution have been complied with. The Commission shall adapt regulations governing the procedures