Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 1075 - SAVINGS BANK ACT
Subpart O - CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK
Section 1075.2055 - Preliminary Offering Circular for Subscription Offering - Estimated Subscription Price Range Required
Universal Citation: 38 IL Admin Code ยง 1075.2055
Current through Register Vol. 48, No. 12, March 22, 2024
With respect to the capital stock of the applicant to be sold under the plan of conversion, any preliminary offering circular for the subscription offering may set forth the estimated subscription price which may be stated as the pro forma market value.
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