Ill. Admin. Code tit. 38 § 1075.1830
Current through Register Vol. 48, No. 50, December 13, 2024
A converted savings bank shall issue and sell capital stock at a total price at least equal to the estimated pro forma market value of the stock issued in connection with the conversion, based on an independent valuation, as provided in Section 1075.2070.
Ill. Admin. Code tit. 38, § 1075.1830
Added at 17 Ill. Reg. 8894, effective June 7, 1993