TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1000 ILLINOIS SAVINGS AND LOAN ACT OF 1985
SECTION 1000.420 DIVIDEND ADVERTISING


 

Section 1000.420  Dividend Advertising

 

If an association advertises a rate of return or bonus on any class of withdrawable capital and there are restrictions or conditions which must be complied with in order for the investor to be entitled to receive such rate, such advertising shall clearly set forth such restrictions or conditions.  The terminology shall be consistent with Section 4-1(a) of the Act.

 

(Source:  Amended at 7 Ill. Reg. 1993, effective January 28, 1983)