38 Ill. Adm. Code 1075.2105
Time Period for Completion of Sale of all Shares of Capital Stock
Section 1075
Section 1075.2105 Time
Period for Completion of Sale of all Shares of Capital Stock
The sale of all shares of
capital stock of the converting savings bank to be made under the plan of
conversion, including any sale in public offering or direct community
marketing, shall be completed as promptly as possible and within 45 calendar
days after the last date of the subscription period, unless extended by the Director.