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IL HB5751
Bill
Status
Failed
1/8/2013
Primary Sponsor
Joseph Lyons
Click for details
AI Summary
- Amends Section 2002 of the Savings Bank Act (205 ILCS 205/2002) to make a technical change regarding registration requirements for savings bank holding companies
- Requires each savings bank holding company and its subsidiaries to register with the Commissioner within 180 days of the Act's effective date or within 90 days of becoming a savings bank holding company, whichever is later
- Registration forms must include information on financial conditions, ownership, management, intercompany relations, and related matters as determined by the Commissioner
- Makes a grammatical correction by changing "and and" to "and" in the statutory language
Legislative Description
REGULATION-TECH
Last Action
Session Sine Die
1/8/2013
Committee Referrals
Rules2/16/2012
Full Bill Text
No bill text available