TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.670 REPORTING REQUIREMENTS


 

Section 1075.670  Reporting Requirements

 

a)         Within 45 days after the close of each calendar year, each service corporation shall submit to the Director a report, in such form as the Director shall prescribe, setting forth complete and true statements of condition and operations of the service corporation and of every partnership, joint venture or corporation in which the service corporation has a cash and/or equity interest of 50% or more.

 

b)         All corporate subsidiaries, partnerships and joint ventures in which the service corporation has a cash and/or equity interest of 50% or more shall, within 15 days after a request by the Director, submit true and correct copies of all contracts, mortgages, partnership agreements, joint ventures and loan commitments.

 

(Source:  Amended at 30 Ill. Reg. 19068, effective December 1, 2006)