Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 8017

    (205 ILCS 205/8017)

    Sec. 8017. Guidelines for the processing of completed applications.

    (a) All procedures, notice, or transactions under Article VIII requiring approval of the Commissioner shall be governed by this Section and designated as an "application".

    (b) An application submitted under this Article to the Commissioner for processing shall comply with all applicable regulations and guidelines governing the filing of the applications. The Commissioner shall adopt rules to ensure timely processing of all applications. Rules governing the processing of an application for change in control shall conform to the requirements of Section 8015.

(Source: P.A. 88-579, eff. 8-12-94.)

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Last modified: February 18, 2015