TITLE 38: FINANCIAL INSTITUTIONS CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION PART 190 ILLINOIS CREDIT UNION ACT The General Assembly's Illinois Administrative Code database includes only those rulemakings that have been permanently adopted. This menu will point out the Sections on which an emergency rule (valid for a maximum of 150 days, usually until replaced by a permanent rulemaking) exists. The emergency rulemaking is linked through the notation that follows the Section heading in the menu. View Entire Part SUBPART A: GENERAL PROVISIONS Section 190.2 Definitions Section 190.5 Credit Union Service Organizations Section 190.10 Field of Membership Procedures Section 190.15 Civil Penalty Section 190.19 Service of Orders Section 190.20 Petition for Hearings Section 190.25 Regulatory Examination Consistency and Due Process Section 190.30 Cease and Desist Procedures Section 190.40 Removal or Suspension Procedures Section 190.50 Fees Section 190.60 General Accounting Procedures Section 190.70 Loan Loss Accounting Procedures Section 190.80 Use of Electronic Data Processing Section 190.90 Fixed Asset Investments Section 190.100 Classes of Share and Special Purpose Share Accounts Section 190.110 Share Drafts Section 190.120 Bond and Insurance Requirements Section 190.130 Verification of Share and Loan Accounts Section 190.140 Real Estate Lending Section 190.150 Reverse Mortgage (Repealed) Section 190.160 Lending Limits – Consumer Loans Section 190.165 Business Loans Section 190.170 Group Purchasing Section 190.180 Investments Section 190.185 Investment in "Other Financial Institutions" Section 190.190 Liquidation Section 190.200 Conversion of Charter Section 190.210 Reimbursement for Financial Records Section 190.220 Registration of Out of State Credit Unions Section 190.230 Remote Meetings SUBPART B: HIGH RISK HOME LOANS Section 190.500 Definitions (Repealed) Section 190.505 Applicability of Rule (Repealed) Section 190.510 Good Faith Requirements (Repealed) Section 190.515 Fraudulent or Deceptive Practices (Repealed) Section 190.520 Prohibited Refinances (Repealed) Section 190.525 Negative Amortization (Repealed) Section 190.530 Negative Equity (Repealed) Section 190.535 Balloon Payments (Repealed) Section 190.540 Financing of Certain Points and Fees (Repealed) Section 190.545 Financing of Single Premium Insurance Products (Repealed) Section 190.550 Lending Without Due Regard to Ability to Repay (Repealed) Section 190.555 Verification of Ability to Repay (Repealed) Section 190.560 Payments to Contractors (Repealed) Section 190.565 Counseling Prior to Perfecting Foreclosure (Repealed) Section 190.570 Mortgage Awareness Program (Repealed) Section 190.575 Offer of Mortgage Awareness Program (Repealed) Section 190.580 Third Party Review (Repealed) SUBPART C: PAYDAY LOANS Section 190.600 Definitions Section 190.601 Purpose and Scope Section 190.605 Applicability of Rule Section 190.610 Issuance of Payday Loans by Credit Unions SUBPART D: DISCLOSURE OF CONFIDENTIAL SUPERVISORY INFORMATION Section 190.700 Definitions Section 190.701 Purpose and Scope Section 190.710 Requests for Confidential Supervisory Information Section 190.720 Request Submission Section 190.730 Consideration of Requests Section 190.740 Disclosure of Confidential Supervisory Information Section 190.750 Retrieval and Destruction of Previously Disclosed Confidential Supervisory Information Used in Litigation Section 190.760 Fees for Services Section 190.APPENDIX A Estimated Monthly Income and Expenses Worksheet (Repealed) Section 190.APPENDIX B Mortgage Ratio Worksheet (Repealed)

AUTHORITY: Implementing and authorized by the Illinois Credit Union Act [205 ILCS 305].

SOURCE: Adopted at 4 Ill. Reg. 20, p. 17, effective May 7, 1980; amended at 6 Ill. Reg. 11154, effective September 7, 1982; amended and codified at 7 Ill. Reg. 14973, effective October 26, 1983; emergency amendment at 9 Ill. Reg. 14378, effective September 11, 1985, for a maximum of 150 days; amended at 9 Ill. Reg. 16231, effective October 10, 1985; amended at 10 Ill. Reg. 14667, effective August 27, 1986; amended at 12 Ill. Reg. 10464, effective June 7, 1988; amended at 12 Ill. Reg. 17383, effective October 24, 1988; amended at 13 Ill. Reg. 3793, effective March 10, 1989; amended at 13 Ill. Reg. 15998, effective October 2, 1989; emergency amendment at 16 Ill. Reg. 12781, effective July 29, 1992, for a maximum of 150 days; amended at 16 Ill. Reg. 17073, effective October 26, 1992; amended at 19 Ill. Reg. 2826, effective February 24, 1995; amended at 20 Ill. Reg. 5803, effective April 8, 1996; emergency amendment at 20 Ill. Reg. 13093, effective September 27, 1996, for a maximum of 150 days; emergency expired February 17, 1997; amended at 22 Ill. Reg. 17317, effective September 15, 1998; emergency amendment at 23 Ill. Reg. 3086, effective February 23, 1999, for a maximum of 150 days; emergency expired July 22, 1999; amended at 23 Ill. Reg. 12614, effective October 4, 1999; amended at 23 Ill. Reg. 14031, effective November 12, 1999; amended at 25 Ill. Reg. 6244, effective May 17, 2001; amended at 25 Ill. Reg. 13278, effective October 19, 2001; amended at 26 Ill. Reg. 17999, effective December 9, 2002; amended at 28 Ill. Reg. 11699, effective July 29, 2004; amended at 29 Ill. Reg. 10579, effective July 8, 2005; amended at 30 Ill. Reg. 18919, effective December 4, 2006; amended at 32 Ill. Reg. 1377, effective January 16, 2008; amended at 34 Ill. Reg. 10500, effective July 12, 2010; amended at 37 Ill. Reg. 12450, effective July 16, 2013; amended at 38 Ill. Reg. 19910, effective October 17, 2014; amended at 41 Ill. Reg. 4764, effective May 1, 2017; amended at 41 Ill. Reg. 11307, effective August 28, 2017; amended at 43 Ill. Reg. 303, effective January 1, 2019; amended at 44 Ill. Reg. 18320, effective November 13, 2020; emergency amendment at 45 Ill. Reg. 1186, effective January 8, 2021, for a maximum of 150 days; amended at 45 Ill. Reg. 5829, effective April 23, 2021; emergency amendment at 45 Ill. Reg. 13695, effective October 15, 2021, for a maximum of 150 days; amended at 46 Ill. Reg. 2641, effective January 28, 2022; emergency amendment at 46 Ill. Reg. 6135, effective March 29, 2022, for a maximum of 150 days; emergency expired August 25, 2022; amended at 46 Ill. Reg. 12537, effective July 8, 2022; amended at 46 Ill. Reg. 16221, effective September 26, 2022; amended at 46 Ill. Reg. 18508, effective November 1, 2022; expedited correction at 47 Ill. Reg. 7025, effective November 1, 2022.