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KEY:
- BCA means Business
Corporation Act
- BIA means Banking on
Illinois Act
- BSCA means Bank Service
Corporation Act
- CCIA means Credit Card
Issuance Act
- CDAA means Consumer
Deposit Account Act
- CFA means Corporate
Fiduciary Act
- CILA means Consumer
Installment Loan Act
- CPCNA means Check Printer
and Check Number Act
- EFTA means Electronic Fund
Transfer Act
- EFTTFA means Electronic
Fund Transfer Transmission Facility Act
- FBOA means Foreign Banking
Office Act
- FBROA means Foreign Bank
Representative Office Act
- IA means Interest Act
- IBA means Illinois Banking
Act
- IBHCA means Illinois Bank
Holding Company Act of 1957
- IFSDA means Illinois
Financial Services Development Act
- IIC means Illinois
Insurance Code
- IUIA means Illinois
Unemployment Insurance Act
- LLCA means Limited
Liability Company Act
- PA means Probate Act
- PRA means Pawnbroker
Regulation Act
- SBA means Savings Bank Act
- SFAA means Securities in
Fiduciary Accounts Act
- SLA means Savings and Loan
Act of 1985
- TIA means Title Insurance
Act
- TTA means Trust and
Trustees Act
- UCC means Uniform
Commercial Code
- ULPA means Uniform Limited
Partnership Act
* Interpretive Letter
superseded or made obsolete by statutory or regulatory changes
| Letter Number |
Date Issued |
Sections of Acts Construed |
Description |
| 08-01 |
01/31/2008 |
IBA
Sections 32, 34, and 35 |
Loan
collateralized by obligations of State of Illinois from Illinois
Underground Storage Tank Fund are exempt from lending limit. |
| 08-02 |
06/05/2008 |
IBA
Sections 5(25), 33, and 35(2) |
Missouri
Higher Education Loan Authority bonds are subject to lending and
investment limitations to the extent that the bonds are not secured
by guarantee of the United State Department of Education. |
| 08-03 |
06/09/2008 |
IBA
Sections 32 and 34 |
Lending
limit for loan to grain elevator when the loan is collateralized
by a warehouse receipt is computed in accordance with Section
34(6). In addition the letter provides best practices for banks
doing business with licensees under the Grain Code.
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