Section 396.310  Purpose

Section 1-7(a) of the Corporate Fiduciary Act requires any corporate fiduciary that is a bank savings and loan association, or savings bank, to give notice of its intent to establish a branch to the Commissioner thirty days prior to the purchasing or leasing of land, building, or equipment for the establishment of a branch office.  This Subpart sets forth the items to be included in the notice of intent.

(Source:  Added at 20 Ill. Reg. 10825, effective August 1, 1996)