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Illinois · Through at least Public Act 104-790

205 ILCS 205/8018: Waiver of requirements.

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Where this section sits in the code
  1. CHAPTER 205 FINANCIAL REGULATION
  2. Savings Bank Act.

Notwithstanding any provision of this Article, the requirements imposed by this Article on a savings bank that seeks to convert to, merge into, or sell substantially all of its assets to a depository institution that is not a savings bank shall be no more burdensome or restrictive than the requirements imposed by federal or other state law on a depository institution that is not a savings bank that seeks to convert to, merge into, or sell substantially all of its assets to a savings bank. The Secretary may waive any such requirement imposed by this Article that is more burdensome or restrictive.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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