Ill. Admin. Code tit. 38 § 375.50

Current through Register Vol. 48, No. 45, November 8, 2024

Section 375.50 - Assessment of Accrued Fees Against a Converting or Merging State Bank

When a state bank converts to a national bank, merges into a resulting national bank, dissolves, surrenders its certificate of authority or in any other manner ceases to be a state bank, such state bank shall be liable on a pro rata basis to the Commissioner for any accumulated Call Report Fee and EDP fee up to, and including, the date that the state bank ceases to be a state bank.

Ill. Admin. Code tit. 38, § 375.50

Amended at 24 Ill. Reg. 225, effective December 31, 1999