TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1075 SAVINGS BANK ACT
SECTION 1075.2550 OFFERING CIRCULAR – STATEMENT REQUIRED IN OFFERING CIRCULARS


 

Section 1075.2550  Offering Circular – Statement Required in Offering Circulars

 

There shall be set forth on the outside cover page of every offering circular the following statement in capital letters printed in bold-face Roman type at least as large as 10-point modern type and at least 2 points leaded:  "These shares have not been approved or disapproved by the Director of the Division of Banking, nor has the Director passed upon the accuracy or adequacy of this offering circular.  Any representation to the contrary is unlawful."

 

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