Be Wary of the Proposed New Automatic Exemption

Michael Cortina's article, "Be Wary of the Proposed New Automatic Exemption," was featured in the May edition of Community Bankers Association of Illinois's "CBAI E-Newsletter."

In the article, Michael discusses the implications of "Illinois SB 1738" for financial institutions. SB 1738 was recently signed into law by Governor Pritzker and will take effect on January 1, 2026.

You can read the full article on the CBAI website.