Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 375 - CALCULATION, ASSESSMENT AND COLLECTION OF PERIODIC FEES
Section 375.50 - Assessment of Accrued Fees Against a Converting or Merging State Bank
Universal Citation: 38 IL Admin Code ยง 375.50
Current through Register Vol. 47, No. 52, December 29, 2023
When a state bank converts to a national bank, merges into a resulting national bank, dissolves, surrenders its certificate of authority or in any other manner ceases to be a state bank, such state bank shall be liable on a pro rata basis to the Commissioner for any accumulated Call Report Fee and EDP fee up to, and including, the date that the state bank ceases to be a state bank.
Amended at 24 Ill. Reg. 225, effective December 31, 1999
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