TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.4060 DISCLOSURE OF CONFIDENTIAL SUPERVISORY INFORMATION


 

Section 1075.4060   Disclosure of Confidential Supervisory Information

 

a)         Conditions and Limitations. The Director may impose any conditions and limitations on the disclosure of confidential supervisory information that are necessary to protect the confidentiality of this information. Except as authorized by the Director, no person obtaining access to confidential supervisory information under this Subpart may make a copy of the confidential supervisory information.

 

b)         Restrictions on Dissemination of Confidential Supervisory Information. The Director may condition a decision to disclose confidential supervisory information on entry of a protective order by the court or administrative tribunal presiding in the particular case or on a written agreement of confidentiality. In a case in which a protective order or agreement has already been entered between parties other than the Director, the Director may nevertheless condition approval for release of confidential supervisory information upon the inclusion of additional or amended provisions in the protective order. The Director may authorize a party who obtained the records for use in one case to provide them to another party in another case, subject to any conditions that the Director may impose on either or both parties.

 

c)         Notification of Parties and Procedures for Sharing and Using Confidential Supervisory Information in Litigation. The requester shall promptly notify other parties to a case of the release of confidential supervisory information obtained pursuant to this Subpart and, upon entry of a protective order, shall provide copies of confidential supervisory information to the other parties.

 

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