Illinois Code § 16.1

Illinois Code § 16.1. Reproduced from the official Illinois Compiled Statutes, with a citation summary, verification link, and related provisions.

§ 16.1.

Depository reports. The State Treasurer may request, at his discretion, a financial institution, as a condition to serving as a State depository of public funds, to submit to the State Treasurer a copy of the consolidated report of condition and income required to be submitted on a periodic basis to a state or federal regulator of the financial institution and a copy of the financial institution's Community Reinvestment Act statement and examination, if available. Nothing in this Section, however, shall require a financial institution to submit any document or part thereof deemed to be confidential by a State or federal regulator of the financial institution. (Source: P.A. 87-510.) (Text of Section after amendment by P.A. 104-92) Sec. 16.1. Depository reports. The State Treasurer may request, at his discretion, a financial institution, as a condition to serving as a State depository of public funds, to submit to the State Treasurer a copy of the consolidated report of condition and income required to be submitted on a periodic basis to a State or federal regulator of the financial institution, a copy of the financial institution's Illinois Community Reinvestment Act statement and examination, if available, and a copy of the financial institution's federal Community Reinvestment Act of 1977 statement and examination, if available. Nothing in this Section, however, shall require a financial institution to submit any document or part thereof deemed to be confidential by a State or federal regulator of the financial institution. (Source: P.A. 104-92, eff. 1-1-26.)

Source: official Illinois text · Last verified 2026-08-27

At a glance

  • Citation: Illinois Compiled Statutes § 16.1
  • Jurisdiction: Illinois
  • Code: Illinois Compiled Statutes
  • Text: transcribed from the official source (verify below)

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Common questions

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