AUTHORITY: Implementing Section 4.01 of the Illinois Administrative Procedure Act [5 ILCS 100/5-15] and authorized by the Office of Banks and Real Estate Act, [20 ILCS 3205].

SOURCE: Adopted and effective March 28, 1978; amended at 3 Ill. Reg. 39, p. 223, effective September 19, 1979; codified at 8 Ill. Reg. 3037; recodified from Chapter XXXIII, Commissioner of Savings and Loan Associations, to Chapter XXXIII, Office of Banks and Real Estate, pursuant to PA 89-508, at 20 Ill. Reg. 12526.

SUBPART A: PUBLIC INFORMATION

 

Section 2300.10  Procedures on How the Public Can Obtain Information or Make Submissions or Requests

 

All requests for information on subjects, programs and activities of the Office Banks and Real Estate should be directed to the Office of Banks and Real Estate, 500 East Monroe, Springfield, Illinois 62701 [Telephone (217) 782-3000] or to the Office of Banks and Real Estate, 310 South Michigan Avenue, Suite 2130, Chicago, Illinois 60604 [Telephone (312) 793-3000] by written correspondence or telephone.  Formal written submissions made in contested matters or made in accordance with other provisions of the rules of the Office of Banks and Real Estate should be made in conformance with those same rules.

SUBPART B: RULEMAKING

 

Section 2300.110  Rulemaking Procedures

 

Agency personnel or any other interested party may submit suggested rules to the Office of Banks and Real Estate for consideration.  The Commissioner of Banks and Real Estate and other agency staff as the Commissioner deems appropriate will review such submissions and the Commissioner may request that the Agency's Counsel review such submissions for legal and technical concerns. After review by Counsel, the Commissioner may approve and submit to the Office of the Secretary of State a certified copy of a proposed rule.  Provisions of the Illinois Administrative Procedure Act [5 ILCS 100] will govern rulemaking procedures employed thereafter.

SUBPART C: ORGANIZATION

 

Section 2300.210  Purpose of Agency

 

The Office of Banks and Real Estate is the Illinois state agency which regulates state banks; foreign bank branches; state savings and loan associations; state savings banks; real estate brokers, salespersons, and education providers; real estate appraisers and education providers; bank holding companies; foreign bank representative offices; mortgage banking companies and mortgage brokers; domestic and foreign corporate fiduciaries; and electronic fund transfer networks, transmission facilities, and data processing centers.

 

(Source:  Amended at 3 Ill. Reg. 39, p. 223, effective September 19, 1979)







 

Section 2300.APPENDIX A  Flow Chart of Agency's Rulemaking Procedures



 




Section 2300.APPENDIX B   Flow Chart of Agency Organization

 



(Source:  Codification change at 20 Ill. Reg. 12526)