Section 1075.2060  Review of Price Information by the Director

The Director shall review the price information required under Section 1075.2055 in determining whether to give approval to an application for conversion.  No representations may be made in any manner that the price information has been approved by the Director or that the shares of capital stock sold pursuant to the plan of conversion have been approved or disapproved by the Director or that the Director has passed upon the accuracy or adequacy of an offering circular covering the shares.

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