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 1075.2550 - Offering Circular - Statement Required in Offering Circulars
Universal Citation: 38 IL Admin Code ยง 1075.2550
Current through Register Vol. 48, No. 12, March 22, 2024
There shall be set forth on the outside cover page of every offering circular the following statement in capital letters printed in bold-face Roman type at least as large as 10-point modern type and at least 2 points leaded: "These shares have not been approved or disapproved by the Director of the Division of Banking, nor has the Director passed upon the accuracy or adequacy of this offering circular. Any representation to the contrary is unlawful."
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