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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 900.130 AUTHORITY OF HEARING OFFICER
Section 900.130 Authority of Hearing Officer
A hearing officer shall have all powers necessary to conduct a hearing including the power to:
a) Administer oaths and affirmations;
b) Direct and regulate the course of a hearing, set the time and place for the hearing and provide for the taking of testimony by deposition if necessary;
c) Examine witnesses and direct witnesses to testify, limit the number of times a witness may testify and limit repetitious or cumulative testimony;
d) Rule upon offers of proof and admit relevant evidence in accordance with Section 10-40 the Illinois Administrative Procedure Act [5 ILCS 100/10-40];
e) Issue properly executed subpoenas that require testimony and the production of books, papers, accounts and documents; and
f) Render proposed findings of fact and conclusions of law for review by the Board.
(Source: Amended at 20 Ill. Reg. 11359, effective August 1, 1996) |