TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER VII: STATE BANKING BOARD OF ILLINOIS
PART 900 HEARINGS FOR REMOVAL OR PROHIBITION OF DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS OF A STATE BANK OR A BRANCH OF AN OUT-OF-STATE BANK, SUBSIDIARY OR HOLDING COMPANY OF A STATE BANK OR A BRANCH OF AN OUT-OF-STATE BANK, OR CORPORATE FIDUCIARY, SUBSIDIARY OR PARENT COMPANY OF A CORPORATE FIDUCIARY
SECTION 900.70 ANSWER TO THE ORDER
CHAPTER VII: STATE BANKING BOARD OF ILLINOIS
PART 900 HEARINGS FOR REMOVAL OR PROHIBITION OF DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS OF A STATE BANK OR A BRANCH OF AN OUT-OF-STATE BANK, SUBSIDIARY OR HOLDING COMPANY OF A STATE BANK OR A BRANCH OF AN OUT-OF-STATE BANK, OR CORPORATE FIDUCIARY, SUBSIDIARY OR PARENT COMPANY OF A CORPORATE FIDUCIARY
SECTION 900.70 ANSWER TO THE ORDER
Section 900.70 Answer to the Order
a) An answer to the Order is not required unless the respondent seeks to contest such Order.
b) If an order is filed, an answer to the Order shall be filed with the Board or its duly appointed hearing officer and the Commissioner within 20 days after the day on which the Order is served upon the respondent.
c) An answer shall contain an explicit admission, denial or appropriate response to each allegation contained within the Order.
d) Allegations in the Order to which there is no response shall be deemed admitted.
(Source: Amended at 22 Ill. Reg. 14934, effective July 28, 1998)