Loading chat...
IL SB2823
Bill
AI Summary
- Amends Section 6014 of the Illinois Savings Bank Act concerning Commissioner's regulations
- Makes a technical change only, replacing "The" with "The" (a formatting correction with no substantive policy change)
- The underlying section requires the Commissioner to promulgate rules on permissible investment levels and asset concentrations for savings banks
- No changes to enforcement provisions stating that violations constitute unsafe and unsound practices subject to penalties and sanctions
Legislative Description
REGULATION-TECH
Last Action
Session Sine Die
1/13/2021
Committee Referrals
Assignments2/4/2020
Full Bill Text
No bill text available