TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.1035 ORDER OF THE DIRECTOR


 

Section 1075.1035  Order of the Director

 

a)         The Director shall review the hearing officer's findings, opinions and recommendations and shall issue an order as set forth by applicable statutes or within a reasonable time.

 

b)         The decision in the case will become effective immediately upon the execution of a written order, or as otherwise specified by either the order or applicable statute.

 

c)         Parties shall be immediately notified of the order, either personally or by mail, postage prepaid, certified or registered, addressed to the last known address of the person, partnership, association or company involved. A copy of the order shall be delivered or mailed to each party and to the party's attorney of record.

 

d)         The Director may require, in keeping with Section 1075.100(f) of this Part and as part of the order, any party to the proceeding to pay part or all the costs of the hearing, including but not limited to:  witness fees; court reporter fees; hearing officer fees; and the cost of the transcript.

 

(Source:  Amended at 30 Ill. Reg. 19068, effective December 1, 2006)