TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1000 ILLINOIS SAVINGS AND LOAN ACT OF 1985
SECTION 1000.1340 EFFECT ON RESERVE REQUIREMENTS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1000 ILLINOIS SAVINGS AND LOAN ACT OF 1985
SECTION 1000.1340 EFFECT ON RESERVE REQUIREMENTS
Section 1000.1340 Effect on Reserve Requirements
The amounts of outstanding capital notes or debentures legally issued by an association shall be treated as net worth for the purpose of computing net worth and any other general reserve requirements.