Illinois Compiled Statutes 15 ILCS 520 Deposit of State Moneys Act. Section 16.1

    (15 ILCS 520/16.1) (from Ch. 130, par. 35.1)

    Sec. 16.1. Depository reports. The State Treasurer may request, at his discretion, a financial institution, as a condition to serving as a State depository of public funds, to submit to the State Treasurer a copy of the consolidated report of condition and income required to be submitted on a periodic basis to a state or federal regulator of the financial institution and a copy of the financial institution's Community Reinvestment Act statement and examination, if available. Nothing in this Section, however, shall require a financial institution to submit any document or part thereof deemed to be confidential by a State or federal regulator of the financial institution.

(Source: P.A. 87-510.)

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Last modified: February 18, 2015