TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.1915 EMPLOYEE STOCK BENEFIT PLAN – CONTRIBUTIONS


 

Section 1075.1915  Employee Stock Benefit Plan – Contributions

 

Scheduled discretionary contributions to an employee stock benefit plan may be made if the contributions do not cause the savings bank to fail to meet capital requirements established by the Director or by federal law.

 

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