15 ILCS 520/16.1

in effect

(15 ILCS 520/16.1) (from Ch. 130, par. 35.1) (Text of Section before 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 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: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026