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Archived Information Releases for April 2000 (listed by date of release)

Thursday, April 20, 2000: Guidelines for Preclosing Cash Trust Funds (CTF) withdrawals

Today, the Commissioner of Banks and Real Estate approved guidelines to permit accountholders to withdraw Preclosing Cash Trust Funds (CTF) (as defined in the order). To read the details of Directive No. 3 approved by the Commissioner, click on this link [Read Directive].

Wednesday, April 19, 2000: Commissioner Defines Hardship Authorizations

Under the Order of Administration approved by the Court, which sets out the authorities of the Receiver, all accounts were frozen. On April 18, the Court approved the resumption of trading in securities under defined conditions (see April 18 release, below). Today, the Commissioner of Banks and Real Estate approved guidelines for cash withdrawals, pursuant to which the Receiver may release cash funds to account holders, if specific terms are met. To read the details of Directive No. 2 approved by the Commissioner, click on this link [Read Directive].

Tuesday, April 18, 2000: Definition of Preclosing Trust Assets

Today, the Commissioner of Banks and Real Estate issued a directive with respect to the definition of Preclosing Trust Assets. To read the details of Directive No. 4 approved by the Commissioner, click on this link [Read Directive].

Tuesday, April 18, 2000: Court Approves Resumption of Trading in Accounts (PDF version added on 4/25/00)

The Circuit Court of Cook Country today granted an Order requested by the Receiver to permit the resumption of trading, under specific conditions, by Intrust account holders. To read this Order, click on this link [Read Supplemental Order]. To read the details of Directive No. 1 approved by the Commissioner, click on this link [Read Directive].

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Last modified: November 23, 2005