Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE38. FINANCIAL INSTITUTIONS |
PART190. ILLINOIS CREDIT UNION ACT |
SUBPARTD. DISCLOSURE OF CONFIDENTIAL SUPERVISORY INFORMATION |
§190.710. Requests for Confidential Supervisory Information
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Pursuant to Section 9.1 of the Act, a request for confidential supervisory information whether by subpoena, order, or other judicial or administrative process, shall be made to the Secretary. If the request is for a record, the requester must adequately describe the records sought by type and date. The request shall be accompanied by:
a) a copy of the formal complaint or pleading setting forth the assertions of the adversarial matter;
b) the caption and docket number assigned to the proceeding, if any;
c) the name, address, telephone number, and email of designated legal counsel to each party to the proceeding;
d) a statement detailing the relevance of the requested confidential supervisory information;
e) a statement detailing a compelling need for the requested confidential supervisory information;
f) a statement describing any prior judicial decisions or pending motions in the case that may bear on the asserted relevance of the requested information; and
g) a statement detailing why the requester believes that disclosure is required for the benefit of the credit union.
(Source: Added at 46 Ill. Reg. 18508, effective November 1, 2022)