Ill. Admin. Code tit. 38 § 1075.1945
Current through Register Vol. 48, No. 44, November 1, 2024
The liquidation account shall be maintained by the converted savings bank for the benefit of eligible account holders and supplemental eligible account holders who maintain their savings accounts in the bank. Each such eligible account holder and supplemental eligible account holder shall, with respect to each savings account, have a related inchoate interest in a portion of the liquidation account balance ("subaccount").
Ill. Admin. Code tit. 38, § 1075.1945
Added at 17 Ill. Reg. 8894, effective June 7, 1993