TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1000 ILLINOIS SAVINGS AND LOAN ACT OF 1985
SECTION 1000.1550 COMPUTATION OF TIME


 

Section 1000.1550  Computation of Time

 

Computation of any period of time prescribed by this Subpart shall begin with the first business day following the date of filing of the documentation with the Division pursuant to Section 1000.1530 of this Subpart, and shall run until the end of the last day, or the next following business day if the last day is a Saturday, Sunday or national or State holiday.  Where the period of time is 5 days or less, Saturdays, Sundays and national or State holidays shall be excluded in the computation of time.  Notice requirements shall be construed to mean notice received, but proof that notice was dispatched by means reasonably calculated to be received by the prescribed date shall be prima facie proof that notice was timely received.

 

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