Ill. Admin. Code tit. 38 § 1075.1870

Current through Register Vol. 48, No. 44, November 1, 2024

Section 1075.1870 - Liquidation Account - Establishment and Maintenance Required

A converting savings bank shall establish and maintain a liquidation account for the benefit of eligible account holders and supplemental eligible account holders in the event of a subsequent complete liquidation of the converted savings bank, in accordance with Sections 1075.1940 through 1075.1960.

Ill. Admin. Code tit. 38, § 1075.1870

Added at 17 Ill. Reg. 8894, effective June 7, 1993