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)