§1075.1900. Registration of Securities – Marketing of Securities – Listing of Shares on Securities Exchange or NASDAQ Quotation System

A converted savings bank or savings bank holding company shall:

 

a)         promptly register securities issued in its conversion pursuant to the Securities and Exchange Act of 1934 (15 USC 78a et seq.) and undertake not to deregister the securities for a period of 3 years thereafter;

 

b)         use its best efforts to encourage and assist a market maker to establish and maintain a market for the securities issued in connection with the conversion; and

 

c)         use its best efforts to list those shares issued in connection with the conversion on a national or regional securities exchange or on the National Association of Securities Dealers Automated Quotations (NASDAQ) system.

 

(Source:  Amended at 30 Ill. Reg. 19068, effective December 1, 2006)