TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1055 MORTGAGE COMMUNITY REINVESTMENT
SECTION 1055.430 ALTERNATIVE EXAMINATION PROCEDURES


 

Section 1055.430  Alternative Examination Procedures

 

The Secretary may establish alternative examination procedures for institutions that were rated "outstanding" as of their most recent ILCRA compliance examination. The purpose of such alternative procedures shall be to reduce the cost to institutions. The alternative procedures shall in no way limit public participation.