- (1) This rule is issued pursuant to Section 7-1-301(8) and 7-1-301(13).
- (2) This rule applies to all industrial loan corporations.
- (3) This rule construes, applies, and elaborates on Department of Financial Institutions Rule R331-5 as it applies to industrial loan corporations in the issuance of subordinated capital notes or debentures.
KEY: financial institutions
Date of Last Change: 1995
Notice of Continuation: September 15, 2022
Authorizing, and Implemented or Interpreted Law: 7-1-301(8)(e); 7-1-301(13)