Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE38. FINANCIAL INSTITUTIONS |
PART1075. SAVINGS BANK ACT |
SUBPARTO. CONVERSION OF MUTUAL SAVINGS BANK TO CAPITAL STOCK SAVINGS BANK |
§1075.2450. Proxy Statement – Consents of Experts and Reports
Latest version.
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a) The proxy statement shall briefly describe all consents of experts filed pursuant to Section 1075.2210(g).
b) The statement shall contain a report of the independent public accountants who have certified the financial statements and other matters in the statement.
c) Subsections (a) and (b) require only a brief summary of the provisions that are permitted from an investment standpoint and a voting standpoint. A complete legal description of the provision referred to is not required and should not be given. Do not set forth the provision verbatim; only a succinct resume is required.
(Source: Amended at 30 Ill. Reg. 19068, effective December 1, 2006)