TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 305 BANK BRANCHES AND SUBSIDIARIES
SECTION 305.20 PROCEDURE TO ESTABLISH AND MAINTAIN A BANK BRANCH
Section 305.20 Procedure to Establish and Maintain a Bank Branch
A state bank that is not an eligible bank as defined in Section 305.10 and that seeks to establish and maintain a bank branch inside the United States or any state bank that seeks to establish a branch outside the United States must file a Notice with the Division not less than 30 calendar days before the bank enters into any contract or expends funds on a temporary or permanent branch facility.
(Source: Amended at 36 Ill. Reg. 6814, effective May 4, 2012)