Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 200 - FINANCIAL INSTITUTIONS CODE
Subpart B - RULES OF GENERAL APPLICATION
Section 200.240 - Information Unknown or Not Reasonably Available
Current through Register Vol. 48, No. 12, March 22, 2024
Information required need be given only insofar as it is known or reasonably available to the licensee or applicant. If any required information is unknown and not reasonably available to it, either because the obtaining thereof would involve unreasonable effort or expense, or because it rests peculiarly within the knowledge of another person not affiliated with the licensee or applicant, the information may be omitted, subject to the following conditions:
a) The licensee or applicant shall give such information on the subject as it possesses or can acquire without unreasonable effort or expense, together with the sources thereof.
b) The licensee or applicant shall include a statement either showing that unreasonable effort or expense would be involved or indicating the absence of any affiliation with the person within whose knowledge the information rests and stating the result of a request made to the person for the information.
