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STATE OF ILLINOIS Department of Financial and Professional Regulation Division of BankINGAPPLICATION TO FORM AN ILLINOIS TRUST COMPANYPURSUANT TO SECTIONS 24 AND 25 OF THE ILLINOISCORPORATE FIDUCIARY
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The division of banking is a regulatory requirement for financial institutions to report their financial activities.
Financial institutions such as banks, credit unions, and other lending institutions are required to file division of banking.
Division of banking forms can be filled out electronically or manually, following the guidelines provided by the regulatory authority.
The purpose of division of banking is to ensure transparency and accountability in the financial activities of institutions and protect consumers.
Information such as financial statements, balance sheets, income statements, and other financial data must be reported on division of banking.
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