Ill. Admin. Code tit. 38 § 375.60

Current through Register Vol. 48, No. 50, December 13, 2024

Section 375.60 - Credits and Additional Assessments Not Applicable to Resulting National Banks

A financial institution other than a state bank that results from a conversion by, or merger with, a state bank shall not be eligible for any credit and shall not be liable for any additional assessments described in Section 48(3)(d-1) of the Act [205 ILCS 5/48(3) (d-1)].

Ill. Admin. Code tit. 38, § 375.60

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