PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Courts and Competition Policy.
Congressional Research Service
Version 00 · Introduced in House · Mar 17, 2009
Mutual Savings Association Preservation Act - Amends the Home Owners' Loan Act to: (1) prohibit any company or subsidiary, or any director, officer, employee, or person with voting power or holding proxies representing more than 25% of the voting shares of such company or subsidiary, from holding, soliciting, or exercising any proxies in respect of a mutual savings association in an attempt to control the association; and (2) allow an aggrieved association to bring a civil action to prevent such takeover attempts.
People & committees
Rep. Ackerman, Gary L. [D-NY-5] · D–NY
Legislative record
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Referred to the Subcommittee on Courts and Competition Policy.
Referred to House Judiciary
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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