TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.705 APPLICATION


 

Section 1075.705  Application

 

a)         A savings bank may apply for a branch office or for a change of location of its home office provided that the applicant obtains the prescribed form of application and form of notice and related instructions from the Director unless waived pursuant to Section 1075.700(d) of this Part.

 

b)         An application is considered complete and a priority filing date is established when the Director determines that all required information has been submitted.

 

c)         Changes to all but material information of the application may be made up to the time the approval/denial is determined. For purposes of this Section, material information is defined as but is not limited to:

 

1)         savings bank name;

 

2)         savings bank address;

 

3)         nature and purpose of application; and

 

4)         any other information which if changed, would likely cause the approval or denial decision to be reversed.

 

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