28 Conversion

28 Conversion. Means (i) the adoption of amended and restated articles of incorporation by the Bank to authorize the issuance of shares of capital stock and otherwise to conform to the requirements of a stock savings bank organized under the laws of the State of Louisiana (ii) the issuance of Conversion Stock by the Holding Company as provided herein and (iii) the purchase by the Holding Company of all of the capital stock of the Bank to be issued by the Bank in connection with its conversion from mutual to... stock form. View More