{"data":{"id":"us-il/205-ilcs-205-8018","jurisdiction":"us-il","citation":"205 ILCS 205/8018","heading":"Waiver of requirements.","body":"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.","path":["CHAPTER 205 FINANCIAL REGULATION","Savings Bank Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1184\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"9b2bd22249c6d603327a2fd5b5b5cce0aaccb3fcd53270d1f44f8db8916fa049","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-205-8017","next":"us-il/205-ilcs-205-9001"},"notice":"GroundRules: Original legal text. Not legal advice."}