Section 375.50  Assessment of Accrued Fees Against a Converting or Merging State Bank

When a state bank converts to a national bank, merges into a resulting national bank, dissolves, surrenders its certificate of authority or in any other manner ceases to be a state bank, such state bank shall be liable on a pro rata basis to the Commissioner for any accumulated Call Report Fee and EDP fee up to, and including, the date that the state bank ceases to be a state bank.

(Source:  Amended at 24 Ill. Reg. 225, effective December 31, 1999)