Section 1000.1130  Request for Preliminary Determination

a)         An association which intends to file an application for a branch office or for a change of location of its home office may, prior to the filing of such application, submit to the Director written advice of intent to file such an application and request a preliminary determination as to whether supervisory objection will be raised on the basis of the applicant's policies and financial condition.  Within 30 days following receipt of the advice of intent, the applicant shall be advised of the Director's decision, and if applicable, the reason for supervisory objection.

b)         If at any time subsequent to preliminary determination the Director determines that a basis for supervisory objection exists, further processing of the respective application shall be denied.

(Source:  Amended at 30 Ill. Reg. 18990, effective December 1, 2006)