§1075.2145. Certain Offers and Announcements on Securities Prohibited

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Before completion of a conversion, no person may make any offer, or announcement of an offer or intent to make an offer, for any security of a converting savings bank issued or to be issued in connection with the conversion. Nor shall any person knowingly acquire securities of the converted savings bank issued in connection with the conversion in excess of the maximum purchase limitations established in the savings bank's approved plan of conversion.

(Source: Added at 17 Ill. Reg. 8894, effective June 7, 1993)

                    
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