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 1075.2140 - Certain Agreement to Transfer and Transfers of Ownership in Rights or Securities Prohibited
Universal Citation: 38 IL Admin Code ยง 1075.2140
Current through Register Vol. 48, No. 12, March 22, 2024
Before completion of a conversion, no person may transfer or enter into any agreement or understanding to transfer the legal or beneficial ownership of conversion subscription rights, or the underlying securities, to the account of another.
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