Ill. Admin. Code tit. 38 § 330.100

Current through Register Vol. 48, No. 50, December 13, 2024
Section 330.100 - Purpose

Section 32 of the Act is intended to prevent one person or a relatively small group of persons, from borrowing an unduly large amount of a bank's funds. It is also intended to safeguard a bank's depositors by diversifying the risk of loan losses among a relatively large number of persons engaged in different types of businesses.

Ill. Admin. Code tit. 38, § 330.100