Ill. Admin. Code tit. 38 § 1075.1865

Current through Register Vol. 48, No. 36, September 6, 2024
Section 1075.1865 - Savings Account Holder to Receive Withdrawable Savings Accounts - Amount

Each deposit account holder of the converting savings bank shall receive, without payment, a deposit account or accounts in the converted savings bank equal in amount, rate of return and general terms, to the withdrawable account holder's deposit account or accounts in the pre-conversion mutual savings bank.

Ill. Admin. Code tit. 38, § 1075.1865

Amended at 30 Ill. Reg. 19068, effective December 1, 2006