Agencies
Services
2020 Interpretive Letters
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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* Interpretive Letter superseded or made obsolete by statutory or regulatory changes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 |
| 20-01 | 2/11/2020 | SBA sections 6001, 6002 and 6003 | Illinois savings bank – authority to treat debt securities secured by real estate as loans |
| 20-02 | 2/20/2020 | IBA sections 5(15) and 5(23) | Deposit production activities of a State bank’s foreign parent company |
| 20-03 | 3/26/2020 | IBA section 18 | Change in Control (not) – Internal Reorganization of Parent Company of a State bank |
| 20-04 | 5/4/2020 | IBA sections 32 and 35(2); and SBA sections 6013 and 6003 | Legal Lending Limits – Exemption for SBA Paycheck Protection Program Loans |
