Ill. Admin. Code tit. 38 § 310.320

Current through Register Vol. 48, No. 44, November 1, 2024
Section 310.320 - Exceptions to Minimum Organizational Capital Requirements for Trust Companies

An Illinois trust company organized before January 1, 2003, when a lower capital requirement may have been in effect, may continue to operate under that lower capital requirement unless the Commissioner has increased the required capital for that trust company under Section 2-7 of the Corporate Fiduciary Act.

Ill. Admin. Code tit. 38, § 310.320