Harvesting parts from a doomed M305 might not be a bad idea. If there actually is a buy out, M305s weren't particularly expensive, so compensation would be limited.
Mention was made above of a M-1 stock paving the front part of a M-14 stock spliced onto it. This would be a great place to use a Typo-2 stock.
Most M305 trigger parts can be transplanted into a M-1 trigger housing. The rear sight too. If starting with a M-1 receiver, there are a lot of parts in the action, so anything harvested would help.
I think the big part of the conversion is the operating rod.
Typo II op rods come up for sale now and then, it should be feasible to use one of those as is or for a template.