Credits and Additional Assessments Not Applicable to Resulting National Banks

Section 375 Section 375.60  Credits and Additional Assessments Not Applicable to Resulting National Banks A financial institution other than a state bank that results from a conversion by, or merger with, a state bank shall not be eligible for any credit and shall not be liable for any additional assessments described in Section 48(3)(d-1) of the Act [205 ILCS 5/48(3)(d-1)].