BNK RELY ON COMMISSIONER RULE
Synopsis of Bill as introduced:
Amends the Illinois Banking Act, the Corporate Fiduciary Act, the
Interest Act, and other financial industry regulatory Acts to provide
that there shall be no liability for acts or omissions done in
reliance upon a rule of the Commissioner of Banks and Real Estate.
FISCAL NOTE (Dpt. Financial Institutions)
There would be no fiscal impact on the Department.
STATE MANDATES FISCAL NOTE
In the opinion of DCCA, HB 1655 fails to create a State mandate
under the State Mandates Act.
Last action on Bill: PUBLIC ACT.............................. 90-0161
Last action date: 97-07-23
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status