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STATE OF ILLINOIS Department of Financial and Professional Regulation Division of BankINGAPPLICATION FOR A LICENSE TO OPERATE FOREIGN BANK REPRESENTATIVE OFFICEPURSUANT TO SECTIONS 3 AND 4 OF THE
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20 ILCS 3205 is a section of the Illinois Compiled Statutes that pertains to the Illinois Economic Development Act, focusing on state development projects.
Entities applying for or receiving assistance under the Illinois Economic Development Act are required to file under 20 ILCS 3205.
To fill out 20 ILCS 3205, applicants must provide detailed information about their project, financial details, and adherence to state guidelines.
The purpose of 20 ILCS 3205 is to facilitate economic development projects in Illinois by providing a framework for financial assistance, oversight, and reporting.
Applicants must report project specifics, financial projections, timelines, job creation estimates, and compliance with state regulations.
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